Lucas GC (NASDAQ:LGCL) Posts Earnings Results

Lucas GC (NASDAQ:LGCL) posted its earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, reports. The business had revenue of $18.05 million for the quarter.

Lucas GC Stock Performance

Shares of LGCL opened at $2.26 on Wednesday. The business’s fifty day moving average price is $50.93 and its 200 day moving average price is $152.24. Lucas GC has a 12-month low of $2.21 and a 12-month high of $850.00.

Wall Street Analyst Weigh In

Several research analysts have issued reports on LGCL shares. Weiss Ratings reissued 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 research report on Saturday, September 5th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Lucas GC Company Profile

Lucas GC Limited (NASDAQ: LGCL) is a financial services company that provides investment and capital markets-related services. Its business activities include securities brokerage, corporate finance advisory, asset management and investment advisory services.

The company primarily serves corporate clients, institutional investors and high-net-worth individuals. Its offerings are designed to support clients with investment execution, fundraising, financial planning and other capital markets needs.

Lucas GC is headquartered in Hong Kong and conducts its business through operating subsidiaries.