Let’s start up with the current stock price of Lucid Group Inc. (LCID), which is $42.00 to be very precise. The Stock rose vividly during the last session to $46.29 after opening rate of $45.73 while the lowest price it went was recorded $41.36 before closing at $41.41.Recently in News on January 11, 2022, CEO’s of ACI, OGGFF, LCID, and ENTEF Driving Revenue Growth with Disruptive Innovation in Electric Vehicles, Plant-Based Foods, E-Sports, and Digital Transformation of Retail. Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Albertsons Companies (NYSE: ACI), Organic Garage (OTC: OGGFF) (TSX.V: OG), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) and Lucid Group, Inc. (NASDAQ: LCID). You can read further details here
Lucid Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $47.59 on 01/12/22, with the lowest value was $33.76 for the same time period, recorded on 01/06/22.
Lucid Group Inc. (LCID) full year performance was 138.54%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Lucid Group Inc. shares are logging -35.25% during the 52-week period from high price, and 160.87% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $16.10 and $64.86.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 13902891 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Lucid Group Inc. (LCID) recorded performance in the market was 8.83%, having the revenues showcasing 72.47% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 62.07B, as it employees total of 1861 workers.
Analysts verdict on Lucid Group Inc. (LCID)
During the last month, 2 analysts gave the Lucid Group Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 33.97, with a change in the price was noted +18.70. In a similar fashion, Lucid Group Inc. posted a movement of +81.91% for the period of last 100 days, recording 62,062,246 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LCID is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Lucid Group Inc. (LCID): Technical Analysis
Raw Stochastic average of Lucid Group Inc. in the period of last 50 days is set at 32.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 56.18%. In the last 20 days, the company’s Stochastic %K was 65.29% and its Stochastic %D was recorded 78.15%.
Let’s take a glance in the erstwhile performances of Lucid Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.83%. Additionally, trading for the stock in the period of the last six months notably improved by 81.70%, alongside a boost of 138.54% for the period of the last 12 months. The shares 8.35% in the 7-day charts and went up by 1.32% in the period of the last 30 days. Common stock shares were driven by 72.47% during last recorded quarter.