Innovative Eyewear Inc (LUCY) Stock: A 52-Week Tale of Drops and Gains

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Innovative Eyewear Inc’s current trading price is -80.64% away from its 52-week high, while its distance from the 52-week low is 219.10%. The stock’s price range during this period has varied between $0.17 and $2.77. The company, active in the Healthcare sector, saw a trading volume of around 4.09 million for the day, considerably lower average daily volume of 29.49 million observed over the last three months.

Innovative Eyewear Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $2.77 on 06/20/23, with the lowest value being $0.17 on 05/16/24.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

How Financial Performance Impacts Market Capitalization

Innovative Eyewear Inc (LUCY) has experienced a quarterly rise of 42.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.59M and boasts a workforce of 11 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3614, with a change in price of +0.1192. Similarly, Innovative Eyewear Inc recorded 18,951,787 in trading volume during the last 100 days, posting a change of +28.57%.

How LUCY’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LUCY stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

LUCY Stock Stochastic Average

As of today, the raw stochastic average of Innovative Eyewear Inc over the past 50 days is 30.90%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 30.90%. Additionally, the Stochastic %K and %D values for the company were 39.14% and 46.98%, respectively, over the past 20 days.

LUCY Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 27.14% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 13.81%. Over the past 30 days, the price of LUCY has fallen by 153.74%. And in the last five days, it has fallen by -36.53%.

Most Popular