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. Lucid Diagnostics Inc’s current trading price is -45.59% away from its 52-week high, while its distance from the 52-week low is 36.44%. The stock’s price range during this period has varied between $0.63 and $1.58. The company, active in the Healthcare sector, saw a trading volume of around 0.28 million for the day, considerably lower average daily volume of 0.47 million observed over the last three months.
Lucid Diagnostics Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $1.58 on 01/19/24, while the lowest price during the same period was $0.63 on 04/25/24.
How Financial Performance Impacts Market Capitalization
Lucid Diagnostics Inc (LUCD) has experienced a quarterly rise of 7.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 51.02M and boasts a workforce of 70 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 0.8594, with a change in price of +0.0247. Similarly, Lucid Diagnostics Inc recorded 371,171 in trading volume during the last 100 days, posting a change of +2.96%.
How LUCD’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 LUCD stands at 2.06. Similarly, the long-term debt-to-equity ratio is also 0.32.
LUCD Stock Stochastic Average
As of today, the raw stochastic average of Lucid Diagnostics Inc over the last 50 days is at 29.63%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 68.80%. Further, the company’s Stochastic %K and %D values for the last 20 days were 75.14% and 61.99%, respectively.
LUCD Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 5.01%. However, over the past six months, we’ve seen a weaker performance of 1.92%. The price of LUCD fallen by 2.33% over the last 30 days. And in the last five days, it has surged by 5.01%.
