Innovative Eyewear Inc (NASDAQ:LUCY) currently has a daily average trading volume of 304.63K but it saw 188434 shares traded in last market. With a market cap of 4.26M USD, the company’s current market price of $1.74 came falling about -5.43 while comparing to the previous closing price of $1.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.20 and as low as $1.70. In the recent trading on the day, stock has struck highest price mark of $1.5702 while lowest mark touched by it was $1.95.
Taking a look at 20-day trading activity of Innovative Eyewear Inc (LUCY) gives us an average price of $2.5556, while its current price level is -93.60% below from 52-week high level whereas it is 2.35% 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 $3.5681 while that of 200 days or SMA-200 reads an average of $5.5826. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.00% during that period while stretching the period over a month that increases to 21.44%. 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 40.00 which implies that the stock is in neutral territory.
Over the week, LUCY’s stock price is moving -64.85% down while it is -49.40% when we observe its performance for the past one month. Year-to-date it is -64.63% down and over the past year, the stock is showing a downside performance of -65.46%.
The company is expected to be releasing its next quarterly report on 2025-Mar-23, for which analysts forecasted an EPS of -0.73 while estimate for next year EPS is -2.4. In next quarter, company is expected to be making quarterly sales of $1.5M as analysts are expecting the sales for current fiscal year at $10.3M and seeing the company making $25.6M in sales next year. Moreover, analysts are in estimates of $1M for current-quarter revenue.
Currently, Innovative Eyewear Inc’s total number of outstanding shares is 2.45M with 51.38% of that held by the insiders while 0.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -85.39% and return on equity (ROE) at -106.00%. It has a 2.52 of forward P/E ratio. Stock’s beta reads 3.12. Stock has a price to book (P/B) ratio of 0.47 while price to sale or P/S ratio amounts to 2.60. Its return on asset (ROA) is -96.74% on average.
