Lucas GC Limited (NASDAQ:LGCL) Short Interest Down 47.2% in January
by Scott Moore · The Cerbat GemLucas GC Limited (NASDAQ:LGCL – Get Free Report) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 18,932 shares, a decrease of 47.2% from the December 31st total of 35,875 shares. Based on an average daily volume of 13,393 shares, the short-interest ratio is presently 1.4 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 13,393 shares, the short-interest ratio is presently 1.4 days.
Hedge Funds Weigh In On Lucas GC
An institutional investor recently bought a new position in Lucas GC stock. Boothbay Fund Management LLC acquired a new stake in Lucas GC Limited (NASDAQ:LGCL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 27,500 shares of the company’s stock, valued at approximately $29,000.
Lucas GC Stock Performance
LGCL stock traded up $0.01 during mid-day trading on Friday, hitting $2.11. 92,201 shares of the company were exchanged, compared to its average volume of 49,433. Lucas GC has a 1-year low of $1.68 and a 1-year high of $50.80. The firm’s 50 day simple moving average is $2.26 and its 200 day simple moving average is $9.68.
Lucas GC (NASDAQ:LGCL – Get Free Report) last issued its quarterly earnings data on Friday, October 31st. The company reported $5.28 earnings per share (EPS) for the quarter. The company had revenue of $27.00 million for the quarter.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on LGCL. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a research note on Thursday, January 22nd. Wall Street Zen upgraded Lucas GC to a “hold” rating in a research report on Saturday, October 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Lucas GC has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on Lucas GC
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.