Lucid Diagnostics Inc. (NASDAQ:LUCD – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the five research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $4.19.
LUCD has been the subject of a number of analyst reports. Needham & Company LLC restated a “buy” rating on shares of Lucid Diagnostics in a report on Thursday, October 1st. BTIG Research reiterated a “buy” rating and issued a $2.50 target price on shares of Lucid Diagnostics in a report on Monday, August 17th. Wall Street Zen downgraded Lucid Diagnostics from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings lowered Lucid Diagnostics from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 18th.
View Our Latest Stock Analysis on LUCD
Institutional Investors Weigh In On Lucid Diagnostics
Lucid Diagnostics Stock Down 10.4%
LUCD opened at $0.54 on Friday. The company has a fifty day moving average price of $0.85 and a two-hundred day moving average price of $0.98. Lucid Diagnostics has a 52 week low of $0.50 and a 52 week high of $1.63.
Lucid Diagnostics (NASDAQ:LUCD – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported ($0.06) earnings per share for the quarter, meeting the consensus estimate of ($0.06). The company had revenue of $1.47 million during the quarter, compared to analyst estimates of $1.43 million. As a group, research analysts predict that Lucid Diagnostics will post -0.23 earnings per share for the current fiscal year.
About Lucid Diagnostics
Lucid Diagnostics Inc is a commercial-stage medical diagnostics company focused on detecting esophageal precancer and cancer at an earlier, more treatable stage. The company is a subsidiary of PAVmed Inc and develops diagnostic products intended to help identify patients at risk for esophageal adenocarcinoma, a cancer associated with Barrett’s esophagus and chronic gastroesophageal reflux disease.
Lucid’s primary products are EsoGuard, a laboratory-developed DNA test, and EsoCheck, a noninvasive, swallowable balloon device used to collect cells from the esophagus.
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