Lucas GC (NASDAQ:LGCL) Releases Quarterly Earnings Results

Lucas GC (NASDAQ:LGCL) announced its quarterly earnings results on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, reports. The firm had revenue of $18.05 million during the quarter.

Lucas GC Stock Performance

LGCL stock opened at $2.23 on Friday. Lucas GC has a 1 year low of $2.15 and a 1 year high of $547.50. The stock’s fifty day moving average price is $41.46 and its 200-day moving average price is $148.27.

Analyst Ratings Changes

A number of equities research analysts have recently commented on LGCL shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Lucas GC in a report on Friday, July 24th. Wall Street Zen upgraded 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 data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Lucas GC

Lucas GC Limited is a financial services company that operates primarily through subsidiaries in Hong Kong. The company provides services designed to support corporate and institutional clients, as well as investors, across several areas of the financial markets.

Its business activities include corporate finance advisory, securities brokerage, securities underwriting and related capital-markets services. Lucas GC also provides asset management and investment advisory services, helping clients manage investments and pursue financing or strategic objectives.

The company is organized as a holding company incorporated in the Cayman Islands, with operating activities centered in Hong Kong.