In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
Innovative Eyewear Inc (NASDAQ: LUCY) closed the day trading at $6.51 down -5.38% from the previous closing price of $6.88. In other words, the price has decreased by -$5.38 from its previous closing price. On the day, 88426.0 shares were traded. LUCY stock price reached its highest trading level at $6.9874 during the session, while it also had its lowest trading level at $6.15.
Ratios:
For a better understanding of LUCY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.22 and its Current Ratio is at 16.83. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 23 ’24 when Galkin Vladimir bought 200,792 shares for $9.08 per share. The transaction valued at 1,822,973 led to the insider holds 1,000,000 shares of the business.
Galkin Vladimir bought 70,000 shares of LUCY for $721,472 on Sep 20 ’24. The 10% Owner now owns 813,245 shares after completing the transaction at $10.31 per share. On Sep 20 ’24, another insider, Galkin Vladimir, who serves as the 10% Owner of the company, sold 14,037 shares for $10.61 each. As a result, the insider received 148,896 and left with 799,208 shares of the company.
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 15899048 and an Enterprise Value of 6321270. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.19 while its Price-to-Book (P/B) ratio in mrq is 1.44. Its current Enterprise Value per Revenue stands at 4.048 whereas that against EBITDA is -0.774.
Stock Price History:
Over the past 52 weeks, LUCY has reached a high of $27.20, while it has fallen to a 52-week low of $3.26. The 50-Day Moving Average of the stock is -14.12%, while the 200-Day Moving Average is calculated to be -4.00%.
Shares Statistics:
Over the past 3-months, LUCY traded about 1.75M shares per day on average, while over the past 10 days, LUCY traded about 69000 shares per day. A total of 2.44M shares are outstanding, with a floating share count of 1.16M. Insiders hold about 52.49% of the company’s shares, while institutions hold 3.41% stake in the company. Shares short for LUCY as of 1731628800 were 98077 with a Short Ratio of 0.06, compared to 1728950400 on 51476. Therefore, it implies a Short% of Shares Outstanding of 98077 and a Short% of Float of 4.4899996.
