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

Lucas GC Limited (NASDAQ:LGCL – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 21,292 shares, a growth of 238.6% from the September 30th total of 6,289 shares. Currently, 6.3% of the shares of the stock are short sold. Based on an average daily volume of 4,153,594 shares, the days-to-cover ratio is currently 0.0 days.

Lucas GC Stock Performance

Shares of LGCL stock traded up $0.05 during trading hours on Friday, reaching $1.35. 8,669 shares of the company’s stock were exchanged, compared to its average volume of 326,159. Lucas GC has a fifty-two week low of $1.24 and a fifty-two week high of $446.25. The stock’s 50 day moving average is $3.22 and its 200-day moving average is $158.08.

Lucas GC (NASDAQ:LGCL – Get Free Report) last released its earnings results on Thursday, October 8th. The company reported $0.05 EPS for the quarter. The firm had revenue of $18.05 million for the quarter.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Lucas GC in a research report on Thursday, October 22nd. Wall Street Zen raised Lucas GC to a “hold” rating in a research note on Saturday, September 5th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Analysis on LGCL

About Lucas GC

(Get Free Report)

Lucas GC Limited (NASDAQ: LGCL) is a global immigration services company that assists individuals and families seeking residency, citizenship, education, or other opportunities outside their home countries. The company provides consulting and application-support services designed to help clients evaluate and pursue international relocation options.

Its services may include immigration program consultation, document preparation, application coordination, and related support for investment-based, family-based, employment-based, and other immigration pathways.

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