Lucas GC Limited (NASDAQ:LGCL) Sees Significant Growth in Short Interest

Lucas GC Limited (NASDAQ:LGCL) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 30,168 shares, a growth of 59.3% from the January 15th total of 18,932 shares. Based on an average trading volume of 93,990 shares, the short-interest ratio is currently 0.3 days. Currently, 1.1% of the company’s stock are sold short. Currently, 1.1% of the company’s stock are sold short. Based on an average trading volume of 93,990 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

Several brokerages recently commented on LGCL. Wall Street Zen raised shares of Lucas GC to a “hold” rating in a research report on Saturday, October 18th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Lucas GC Price Performance

NASDAQ LGCL traded down $0.09 during trading hours on Friday, reaching $1.87. The stock had a trading volume of 5,045 shares, compared to its average volume of 63,505. Lucas GC has a 52-week low of $1.15 and a 52-week high of $50.80. The stock has a fifty day moving average of $2.14 and a 200 day moving average of $7.09.

Lucas GC (NASDAQ:LGCL) last announced its quarterly earnings data on Friday, October 31st. The company reported $5.28 EPS for the quarter. The business had revenue of $27.00 million for the quarter.

Hedge Funds Weigh In On Lucas GC

A hedge fund recently bought a new stake in Lucas GC stock. Boothbay Fund Management LLC bought a new position in Lucas GC Limited (NASDAQ:LGCL) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,500 shares of the company’s stock, valued at approximately $29,000.

About Lucas GC

Lucas GC Limited, through its subsidiaries, provides online agent-centric human capital management services based on platform-as-a-service (PaaS) in the People’s Republic of China. Its Star Career and Columbus platforms enables registered users to receive customized job recommendations and work as talent scouts to source suitable candidates for its corporate customers through their social network, as well as receive trainings and other value-added services. The company’s platform provides permanent and flexible employment recruitment services; outsourcing services primarily for technology-related projects to design, develop, and deliver the projects within budget and on time with acceptable quality; information technology services to generate sales leads for its corporate customers; and training services comprising career-related certification programs.