The stock of Lucas GC Ltd (NASDAQ: LGCL) has decreased by -30.97 when compared to last closing price of 1.13.Despite this, the company has seen a loss of -25.00% in its stock price over the last five trading days. globenewswire.com reported 2024-11-15 that NEW YORK, Nov. 15, 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 participated in drafting three industry standards for green intelligent smart computing in China, including T/CA 603.1—2024 [Green Intelligent Computing Center Green Electricity Application Evaluation Standards], T/CA 603.2—2024 [Guidelines for the Construction of Green Intelligent Computing Centers] and T/CA 603.3—2024 [Refrigeration Technology Requirements for Green Intelligent Computing Centers], which all have been officially announced and implemented through the China Communications Industry Association. These three Green Intelligent Computing Center standards set the performance thresholds for China’s green intelligent computing infrastructure and low-carbon and zero-carbon initiatives that are compatible with international peers.
Is It Worth Investing in Lucas GC Ltd (NASDAQ: LGCL) Right Now?
The public float for LGCL is 9.43M and currently, short sellers hold a 1.37% ratio of that float. The average trading volume of LGCL on November 26, 2024 was 327.32K shares.
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LGCL’s Market Performance
LGCL stock saw a decrease of -25.00% in the past week, with a monthly decline of -32.17% and a quarterly a decrease of -48.68%. The volatility ratio for the week is 17.51%, and the volatility levels for the last 30 days are 11.57% for Lucas GC Ltd (LGCL). The simple moving average for the past 20 days is -29.23% for LGCL’s stock, with a -62.35% simple moving average for the past 200 days.
LGCL Trading at -31.31% 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 -84.40% of loss for the given period.
Volatility was left at 11.57%, however, over the last 30 days, the volatility rate increased by 17.51%, as shares sank -22.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.25% lower at present.
During the last 5 trading sessions, LGCL fell by -19.28%, in comparison to the 20-day moving average, which settled at $1.1051. In addition, Lucas GC Ltd saw -78.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LGCL starting from HTL Lucky Holding Limited, who proposed sale 795,633 shares at the price of $1.15 back on Nov 08 ’24. After this action, HTL Lucky Holding Limited now owns shares of Lucas GC Ltd, valued at $914,978 using the latest closing price.
Stock Fundamentals for LGCL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.31 for the gross margin
The net margin for Lucas GC Ltd stands at 0.06. The total capital return value is set at 0.25.
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 -0.38.
Currently, EBITDA for the company is 72.02 million with net debt to EBITDA at 0.1. When we switch over and look at the enterprise to sales, we see a ratio of 0.37. The receivables turnover for the company is 27.11for trailing twelve months and the total asset turnover is 3.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.42.
Conclusion
In conclusion, Lucas GC Ltd (LGCL) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.
