Lucas GC Limited (NASDAQ:LGCL – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 6,289 shares, a drop of 51.4% from the September 15th total of 12,943 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily volume of 180,315 shares, the short-interest ratio is currently 0.0 days.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on LGCL. Wall Street Zen raised shares of Lucas GC to a “hold” rating in a research report on Saturday, September 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lucas GC in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Lucas GC presently has an average rating of “Sell”.
Lucas GC Trading Down 2.1%
Lucas GC (NASDAQ:LGCL – Get Free Report) last posted its quarterly earnings data on Thursday, October 8th. The company reported $0.05 EPS for the quarter. The company had revenue of $18.05 million during the quarter.
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.
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