Lucas GC Limited (NASDAQ:LGCL – Free Report) shares are set to reverse split on the morning of Tuesday, September 1st. The 1-125 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, August 31st.
Lucas GC Stock Performance
Shares of LGCL traded down $0.01 during trading hours on Friday, reaching $0.04. 299,528,219 shares of the company’s stock traded hands, compared to its average volume of 74,939,240. Lucas GC has a 12 month low of $0.03 and a 12 month high of $21.20. The firm’s 50 day simple moving average is $1.11 and its 200-day simple moving average is $1.55.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a research note on Friday, July 24th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lucas GC presently has a consensus rating of “Sell”.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Lucas GC stock. Boothbay Fund Management LLC purchased a new position in shares of Lucas GC Limited (NASDAQ:LGCL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 27,500 shares of the company’s stock, valued at approximately $29,000.
Lucas GC Company Profile
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.
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