Innovative Eyewear Inc (NASDAQ: LUCY) closed the day trading at $0.29 down -1.23% from the previous closing price of $0.29. In other words, the price has decreased by -$0.0036 from its previous closing price. On the day, 1598809 shares were traded. LUCY stock price reached its highest trading level at $0.2988 during the session, while it also had its lowest trading level at $0.2709.
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Ratios:
For a better understanding of LUCY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.62 and its Current Ratio is at 8.99. 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 3.74M and an Enterprise Value of 208.50k. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.35 whereas that against EBITDA is -0.03.
Stock Price History:
The Beta on a monthly basis for LUCY is 0.49, which has changed by -82.90% over the last 52 weeks, in comparison to a change of 29.19% over the same period for the S&P500. Over the past 52 weeks, LUCY has reached a high of $5.50, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 0.3841, while the 200-Day Moving Average is calculated to be 0.5967.
Shares Statistics:
Over the past 3-months, LUCY traded about 118.92K shares per day on average, while over the past 10 days, LUCY traded about 261.52k shares per day. A total of 12.92M shares are outstanding, with a floating share count of 8.00M. Insiders hold about 38.10% of the company’s shares, while institutions hold 0.95% stake in the company. Shares short for LUCY as of Feb 29, 2024 were 25.21k with a Short Ratio of 0.21, compared to 147.74k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.20% and a Short% of Float of 0.33%.
Earnings Estimates
Current recommendations for the stock of the company come from 1 analysts. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.14 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.47 and -$0.47 for the fiscal current year, implying an average EPS of -$0.47. EPS for the following year is -$0.16, with 1 analysts recommending between -$0.16 and -$0.16.
Revenue Estimates
1 analysts predict $400k in revenue for the current quarter. It ranges from a high estimate of $400k to a low estimate of $400k. As of the current estimate, Innovative Eyewear Inc’s year-ago sales were $145k, an estimated increase of 175.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $500k, an increase of 194.10% over than the figure of $175.90% in the same quarter last year. There is a high estimate of $500k for the next quarter, whereas the lowest estimate is $500k.
A total of 1 analysts have provided revenue estimates for LUCY’s current fiscal year. The highest revenue estimate was $3.3M, while the lowest revenue estimate was $3.3M, resulting in an average revenue estimate of $3.3M. In the same quarter a year ago, actual revenue was $1.15M, up 186.50% from the average estimate. Based 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. The average revenue growth estimate for next year is up 318.20% from the average revenue estimate for this year.
