Lucas GC Limited (NASDAQ:LGCL) Short Interest Update

Lucas GC Limited (NASDAQ:LGCL) saw a significant growth in short interest in 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 days-to-cover ratio is currently 0.3 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 93,990 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a research note on Thursday, January 22nd. Wall Street Zen upgraded shares of Lucas GC to a “hold” rating in a research report on Saturday, October 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Lucas GC Stock Down 4.6%

Shares of Lucas GC stock traded down $0.09 on Friday, reaching $1.87. The company’s stock had a trading volume of 5,045 shares, compared to its average volume of 63,505. The stock has a 50-day moving average price of $2.14 and a 200-day moving average price of $7.09. Lucas GC has a 52-week low of $1.15 and a 52-week high of $50.80.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Lucas GC stock. Boothbay Fund Management LLC acquired a new position in Lucas GC Limited (NASDAQ:LGCL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 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.