Lucas GC Ltd (LGCL) Down -72.20% From Its 52-Week High, But Growth Potential Is Changing Over Time

Lucas GC Ltd (NASDAQ:LGCL) currently has a daily average trading volume of 733.11K but it saw 830771 shares traded in last market. With a market cap of 110.24M USD, the company’s current market price of $1.39 came falling about -17.75 while comparing to the previous closing price of $1.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.00 and as low as $1.11. In the recent trading on the day, stock has struck highest price mark of $1.265 while lowest mark touched by it was $1.6699.

Taking a look at 20-day trading activity of Lucas GC Ltd (LGCL) gives us an average price of $1.8770, while its current price level is -72.20% below from 52-week high level whereas it is 25.21% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.0954. A closer look into the stock’s movement over the week reveals that its volatility is standing at 46.61% during that period while stretching the period over a month that decreases to 21.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.72 which implies that the stock is in neutral territory.

Over the week, LGCL’s stock price is moving 7.75% up while it is -45.70% when we observe its performance for the past one month. Year-to-date it is -61.50% down and over the past year.

Currently, Lucas GC Ltd’s total number of outstanding shares is 79.56M.