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New Big Money Means Lucid Diagnostics Inc (LUCD) Investors Could Reap Benefit

Lucid Diagnostics Inc (NASDAQ: LUCD) is -29.08% lower on its value in year-to-date trading and has touched a low of $0.63 and a high of $1.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LUCD stock was last observed hovering at around $1.00 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.00, the stock is 1.34% and 11.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.29 million and changing 0.16% at the moment leaves the stock 10.41% off its SMA200. LUCD registered -28.57% loss for a year compared to 6-month gain of 10.27%. The firm has a 50-day simple moving average (SMA 50) of $0.89032 and a 200-day simple moving average (SMA200) of $0.907045.

The stock witnessed a 1.57% loss in the last 1 month and extending the period to 3 months gives it a 25.34%, and is 0.00% down 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 5.34% over the week and 6.95% over the month.

Lucid Diagnostics Inc (LUCD) has around 70 employees, a market worth around $59.34M and $4.19M in sales. Profit margin for the company is -1248.84%. Distance from 52-week low is 58.70% and -36.71% from its 52-week high. The company has generated returns on investments over the last 12 months (-626.59%).

The EPS is expected to grow by 84.66% this year

33.0 institutions hold shares in Lucid Diagnostics Inc (LUCD), with institutional investors hold 10.22% of the company’s shares. The shares outstanding are 42.33M, and float is at 20.91M with Short Float at 1.40%. Institutions hold 4.18% of the Float.

The top institutional shareholder in the company is LUMINUS MANAGEMENT LLC with over 0.73 million shares valued at $0.6 million. The investor’s holdings represent 1.6124 of the LUCD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.56 million shares valued at $0.46 million to account for 1.2461 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.2 million shares representing 0.454 and valued at over $0.17 million, while NANTAHALA CAPITAL MANAGEMENT, LLC holds 0.2807 of the shares totaling 0.13 million with a market value of $0.1 million.

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