Innovative Eyewear Inc (NASDAQ: LUCY) is -67.62% lower on its value in year-to-date trading and has touched a low of $1.57 and a high of $13.20 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 LUCY stock was last observed hovering at around $3.53 in the last trading session, with the day’s loss setting it -0.62%.
Currently trading at $2.91M, the stock is -12.42% and 0.83% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.39 million and changing 2388108% at the moment leaves the stock -49.78% off its SMA200. LUCY registered -49.39% loss for a year compared to 6-month loss of -58.57%. The firm has a 50-day simple moving average (SMA 50) of $2.4694 and a 200-day simple moving average (SMA200) of $4.9582.
The stock witnessed a -6.74% gain in the last 1 month and extending the period to 3 months gives it a -26.11%, and is 1.63% 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 32.32% over the week and 14.20% over the month.
Innovative Eyewear Inc (LUCY) has around 11 employees, a market worth around $7.71M and $1.71M in sales. Profit margin for the company is -443.57%. Distance from 52-week low is 58.58% and -81.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-101.07%).
The EPS is expected to grow by 49.90% this year.
Innovative Eyewear Inc (LUCY) Top Institutional Holders
6.0 institutions hold shares in Innovative Eyewear Inc (LUCY), with institutional investors hold 0.85% of the company’s shares. The shares outstanding are 2.45M, and float is at 1.50M with Short Float at 20.54%. Institutions hold 0.50% of the Float.
