Lucas GC (NASDAQ:LGCL) Issues Quarterly Earnings Results

Lucas GC (NASDAQ:LGCL) issued its quarterly earnings data on Monday. The company reported ($0.44) earnings per share for the quarter, FiscalAI reports. The business had revenue of $47.48 million during the quarter.

Lucas GC Trading Down 3.0%

NASDAQ LGCL traded down $0.06 during trading hours on Monday, hitting $1.86. 19,432 shares of the company were exchanged, compared to its average volume of 22,772. The stock has a 50-day moving average price of $1.71 and a 200 day moving average price of $2.35. Lucas GC has a 52 week low of $1.15 and a 52 week high of $50.80.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Lucas GC in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lucas GC presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Lucas GC

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

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.