Lucas GC Limited (NASDAQ:LGCL) Short Interest Update

Lucas GC Limited (NASDAQ:LGCL) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,284,068 shares, an increase of 13,633.8% from the June 15th total of 16,631 shares. Based on an average trading volume of 12,243,724 shares, the short-interest ratio is currently 0.2 days. Currently, 5.3% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a report on Wednesday, April 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Trading of Lucas GC

An institutional investor recently bought a new stake in Lucas GC stock. Murchinson Ltd. bought a new position in shares of Lucas GC Limited (NASDAQ:LGCL) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 100,000 shares of the company’s stock, valued at approximately $107,000. Murchinson Ltd. owned 0.13% of Lucas GC as of its most recent filing with the SEC.

Lucas GC Stock Down 2.9%

Shares of LGCL stock traded down $0.04 during trading on Friday, reaching $1.32. 174,376 shares of the company’s stock were exchanged, compared to its average volume of 7,520,546. Lucas GC has a twelve month low of $0.65 and a twelve month high of $46.40. The firm’s fifty day moving average price is $1.71 and its 200-day moving average price is $1.82.

Lucas GC (NASDAQ:LGCL) last announced its quarterly earnings results on Monday, April 20th. The company reported ($0.44) earnings per share (EPS) for the quarter. The business had revenue of $47.48 million during the quarter.

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.