Lucid Group Inc (LCID) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

Lucid Group Inc is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Auto Manufacturers industry. The current market capitalization of Lucid Group Inc is $6.39B. A total of 77.72 million shares were traded on the day, compared to an average of 138.85M shares.

In the most recent transaction, PUBLIC INVESTMENT FUND bought 374,717,927 shares of LCID for 2.59 per share on Oct 30 ’24. After the transaction, the Director now owns 2,205,602,291 company shares. In a previous transaction on Oct 31 ’24, PUBLIC INVESTMENT FUND bought 21,470,459 shares at 2.59 per share. LCID shares that Director owns now total 2,227,072,750.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, LCID has a high of $4.43 and a low of $1.93.

As of this writing, LCID has an earnings estimate of -$0.22 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of -$0.19 per share and a lower estimate of -$0.26. The company reported an EPS of -$0.28 in the last quarter

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. LCID’s latest balance sheet shows that the firm has $6.26B in Cash & Short Term Investments as of fiscal 2021. There were $2.19B in debt and $396.10M in liabilities at the time. Its Book Value Per Share was $0.78, while its Total Shareholder’s Equity was $3.91B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LCID is Buy with a score of 3.07.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.