Lucas GC (NASDAQ:LGCL) Raised to “Hold” at Wall Street Zen

Lucas GC (NASDAQ:LGCL) was upgraded by Wall Street Zen to a “hold” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a report on Friday, July 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Lucas GC currently has an average rating of “Sell”.

Lucas GC Stock Performance

LGCL opened at $3.76 on Friday. Lucas GC has a one year low of $3.51 and a one year high of $2,650.00. The business’s 50-day simple moving average is $123.60 and its 200-day simple moving average is $184.91.

Institutional Trading of 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) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 100,000 shares of the company’s stock, valued at approximately $107,000. Murchinson Ltd. owned about 0.13% of Lucas GC at the end of the most recent quarter.

About Lucas GC

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.