The price of Innovative Eyewear Inc. (NASDAQ:LUCY) shares last traded on Wall Street rose 6.06% to $1.40.
LUCY stock price is now 24.17% away from the 50-day moving average and -22.59% away from the 200-day moving average. The market capitalization of the company currently stands at $9.66M.
A total of 67.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LUCY stock. A new stake in Innovative Eyewear Inc. shares was purchased by SABBY MANAGEMENT, LLC during the first quarter worth $209,000. WALLEYE CAPITAL LLC invested $39,000 in shares of LUCY during the first quarter. In the first quarter, AYRTON CAPITAL LLC acquired a new stake in Innovative Eyewear Inc. valued at approximately $27,000. VIRTU FINANCIAL LLC acquired a new stake in LUCY for approximately $16,000. In total, there are 0 active investors with 2.90% ownership of the company’s stock.
A candlestick chart of Innovative Eyewear Inc. (NASDAQ: LUCY) showed a price of $1.3300 on Wednesday morning. During the past 12 months, Innovative Eyewear Inc. has had a low of $0.70 and a high of $7.00. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 7.20, and a quick ratio of 6.70. The fifty day moving average price for LUCY is $1.1274 and a two-hundred day moving average price translates $1.8086 for the stock.
The latest earnings results from Innovative Eyewear Inc. (NASDAQ: LUCY) was released for Jun, 2022. The company reported revenue of $0.15 million for the quarter, compared to $0.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.11 percent.
Innovative Eyewear Inc.(LUCY) Company Profile
Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company’s flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. The company sells its products through various e-commerce and retail distribution channels. Innovative Eyewear, Inc. has a partnership with Lucyd. The company was founded in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. operates as a subsidiary of Lucyd Ltd.