Innovative Eyewear Inc (NASDAQ: LUCY) is 17.21% higher on its value in year-to-date trading and has touched a low of $3.26 and a high of $27.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LUCY stock was last observed hovering at around $8.18 in the last trading session, with the day’s gains setting it 1.71%.
Currently trading at $9.89, the stock is 100.89% and 95.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 20.90% at the moment leaves the stock 40.53% off its SMA200. LUCY registered -27.68% loss for a year compared to 6-month loss of 57.89%.
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The stock witnessed a 168.75% gain in the last 1 month and extending the period to 3 months gives it a 38.59%, and is 100.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.19% over the week and 16.96% over the month.
Innovative Eyewear Inc (LUCY) has around 11 employees, a market worth around $15.53M and $1.53M in sales. Profit margin for the company is -514.09%. Distance from 52-week low is 203.37% and -63.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-107.09%).
The EPS is expected to grow by 40.94% this year
11.0 institutions hold shares in Innovative Eyewear Inc (LUCY), with institutional investors hold 1.58% of the company’s shares. The shares outstanding are 1.57M, and float is at 1.26M with Short Float at 65.28%. Institutions hold 1.26% of the Float.
Innovative Eyewear Inc (LUCY) Insider Activity
The most recent transaction is an insider purchase by Gross Harrison R., the company’s Chief Executive Officer. SEC filings show that Gross Harrison R. bought 500 shares of the company’s common stock on Aug 19 ’24 at a price of $3.68 per share for a total of $1840.0. Following the purchase, the insider now owns 500.0 shares.
