Lucas GC Limited (NASDAQ:LGCL) Short Interest Update

Lucas GC Limited (NASDAQ:LGCL) saw a significant decrease in short interest during 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. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 13,393 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 13,393 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Lucas GC

A hedge fund recently bought a new stake in Lucas GC stock. Murchinson Ltd. acquired a new stake in Lucas GC Limited (NASDAQ:LGCL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 100,000 shares of the company’s stock, valued at approximately $107,000. Murchinson Ltd. owned approximately 0.13% of Lucas GC at the end of the most recent quarter.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on LGCL shares. Weiss Ratings reissued 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 report on Saturday, October 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Lucas GC Stock Up 0.5%

Shares of Lucas GC stock traded up $0.01 on Friday, reaching $2.11. The stock had a trading volume of 92,201 shares, compared to its average volume of 49,433. The company has a 50 day moving average price of $2.26 and a 200 day moving average price of $9.45. Lucas GC has a 1 year low of $1.68 and a 1 year high of $50.80.

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