Shares of Consumer Cyclical sector company Lucid moved -5.4% today, and are now trading at a price of $12.22. The large-cap stock's daily volume was 9,288,586 compared to its average volume of 18,395,657. The S&P 500 index returned a -0.2% performance. Lucid Group, Inc. a technology and automotive company, develops electric vehicle (EV) technologies. The company is based in Newark and has 3,900 full time employees. Its market capitalization is $20,530,821,120.
6 analysts are following Lucid and have set target prices ranging from $10 to $26 per share. On average, they have given the company a rating of hold. At today's prices, LCID is trading -42.37% away from its average analyst target price of $21.2 per share.
Over the last year, LCID shares have gone down by -71.2%, which represents a difference of -56.5% when compared to the S&P 500. The stock's 52 week high is $57.75 per share and its 52 week low is $10.89. Lucid has averaged free cash flows of $-949,573,333.3 over the last four years, with a mean growth rate of -123.4%. It is likely that the stock will keep following its current negative performance trend while the underlying business is experiencing such poor cash flows.
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