The stock of Lucas GC Ltd (NASDAQ: LGCL) has increased by 6.51 when compared to last closing price of 1.69. Despite this, the company has experienced a 9.76% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-06 that NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources, insurance and wealth management industry verticals, announced that it has signed a strategic partnership agreement with Industrial Securities Co., Limited, one of the leading financial institutions in China, to develop AI solutions to boost productivity of financial advisors in selling financial products to customers.
Is It Worth Investing in Lucas GC Ltd (NASDAQ: LGCL) Right Now?
The public float for LGCL is 9.21M, and currently, short sellers hold a 1.79% ratio of that floaft. The average trading volume of LGCL on September 05, 2024 was 766.54K shares.
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LGCL’s Market Performance
The stock of Lucas GC Ltd (LGCL) has seen a 9.76% increase in the past week, with a -12.20% drop in the past month, and a -20.35% fall in the past quarter. The volatility ratio for the week is 15.75%, and the volatility levels for the past 30 days are at 24.76% for LGCL. The simple moving average for the last 20 days is 14.98% for LGCL stock, with a simple moving average of -28.20% for the last 200 days.
LGCL Trading at -10.51% from the 50-Day Moving Average
After a stumble in the market that brought LGCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.00% of loss for the given period.
Volatility was left at 24.76%, however, over the last 30 days, the volatility rate increased by 15.75%, as shares sank -13.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.55% lower at present.
During the last 5 trading sessions, LGCL rose by +9.76%, in comparison to the 20-day moving average, which settled at $1.5520. In addition, Lucas GC Ltd saw -50.14% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LGCL
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.28 for the gross margin
The net margin for Lucas GC Ltd stands at 0.05. The total capital return value is set at 0.34.
Based on Lucas GC Ltd (LGCL), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.92.
Currently, EBITDA for the company is 10.26 million with net debt to EBITDA at 0.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.7. The receivables turnover for the company is 52.37for trailing twelve months and the total asset turnover is 5.05.
Conclusion
In a nutshell, Lucas GC Ltd (LGCL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
