Lucas GC Limited (NASDAQ:LGCL – Get Free Report) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 6,289 shares, a decrease of 51.4% from the September 15th total of 12,943 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily volume of 180,315 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a research report on Friday, July 24th. Wall Street Zen upgraded shares of Lucas GC to a “hold” rating in a report on Saturday, September 5th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Lucas GC presently has a consensus rating of “Sell”.
Read Our Latest Analysis on LGCL
Lucas GC Stock Performance
Lucas GC (NASDAQ:LGCL – Get Free Report) last issued its quarterly earnings data on Thursday, October 8th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $18.05 million for the quarter.
Lucas GC Company Profile
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.
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