Shares of Lucas GC Limited (NASDAQ:LGCL – Free Report) are set to reverse split on Tuesday, September 1st. The 1-125 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, August 31st.
Lucas GC Stock Down 27.0%
NASDAQ:LGCL traded down $0.01 during midday trading on Friday, hitting $0.04. The company had a trading volume of 299,528,219 shares, compared to its average volume of 12,403,166. Lucas GC has a 52-week low of $0.03 and a 52-week high of $21.20. The stock’s fifty day moving average price is $1.15 and its 200-day moving average price is $1.56.
Analyst Ratings Changes
Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a research note on Friday, July 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Lucas GC stock. Boothbay Fund Management LLC bought a new stake in Lucas GC Limited (NASDAQ:LGCL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 27,500 shares of the company’s stock, valued at approximately $29,000.
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.
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