Analytical Overview: Innovative Eyewear Inc (LUCY)’s Ratios Tell a Financial Story

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As of close of business last night, Innovative Eyewear Inc’s stock clocked out at $0.82, down -2.84% from its previous closing price of $0.85. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 15.24 million shares were traded. LUCY stock price reached its highest trading level at $0.93 during the session, while it also had its lowest trading level at $0.75.

Ratios:

To gain a deeper understanding of LUCY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.61 and its Current Ratio is at 4.65. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LUCY now has a Market Capitalization of 14370153 and an Enterprise Value of -1700738. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.34 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at -1.476 whereas that against EBITDA is 0.25.

Stock Price History:

Over the past 52 weeks, LUCY has reached a high of $2.77, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is 174.68%, while the 200-Day Moving Average is calculated to be 91.98%.

Shares Statistics:

It appears that LUCY traded 28.85M shares on average per day over the past three months and 184046230 shares per day over the past ten days. A total of 12.92M shares are outstanding, with a floating share count of 9.27M. Insiders hold about 47.05% of the company’s shares, while institutions hold 1.02% stake in the company. Shares short for LUCY as of 1714435200 were 51265 with a Short Ratio of 0.00, compared to 1711584000 on 111335. Therefore, it implies a Short% of Shares Outstanding of 51265 and a Short% of Float of 0.63.

Earnings Estimates

The current rating of Innovative Eyewear Inc (LUCY) reflects the combined expertise of 1 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.15, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.

Analysts are recommending an EPS of between -$0.5 and -$0.5 for the fiscal current year, implying an average EPS of -$0.5. EPS for the following year is -$0.24, with 1.0 analysts recommending between -$0.24 and -$0.24.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $900k. It ranges from a high estimate of $900k to a low estimate of $900k. As of the current estimate, Innovative Eyewear Inc’s year-ago sales were $170kFor the next quarter, 1 analysts are estimating revenue of $900k. There is a high estimate of $900k for the next quarter, whereas the lowest estimate is $900k.

A total of 1 analysts have provided revenue estimates for LUCY’s current fiscal year. The highest revenue estimate was $3.2M, while the lowest revenue estimate was $3.2M, resulting in an average revenue estimate of $3.2M. In the same quarter a year ago, actual revenue was $1.15MBased on 1 analysts’ estimates, the company’s revenue will be $13.8M in the next fiscal year. The high estimate is $13.8M and the low estimate is $13.8M.

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