Lucas GC (NASDAQ:LGCL) Issues Quarterly Earnings Results

Lucas GC (NASDAQ:LGCL) posted its quarterly earnings results 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 Stock Performance

NASDAQ LGCL opened at $1.86 on Tuesday. Lucas GC has a 1 year low of $1.15 and a 1 year high of $50.80. The company has a fifty day moving average of $1.71 and a 200 day moving average of $2.31.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lucas GC in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Lucas GC currently has an average rating of “Sell”.

Hedge Funds Weigh In On Lucas GC

A hedge fund recently bought a new stake in Lucas GC stock. Murchinson Ltd. bought a new position in Lucas GC Limited (NASDAQ:LGCL) during the second quarter, according to the company in its most recent 13F filing 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 SEC filing.

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.