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How to Buy Lucid Diagnostics Stock

Lucid Diagnostics Inc

Lucid Diagnostics Inc. operates as a commercial-stage medical diagnostics technology company.

Lucid Diagnostics stock last closed at $0.80, down 0.38% from the previous day, and has decreased 50.25% in one year. It has underperformed other stocks in the Medical Devices industry by 0.32 percentage points. Lucid Diagnostics stock is currently +4.19% from its 52-week low of $0.76, and -56.97% from its 52-week high of $1.85.

There are currently 48.24M LUCD shares outstanding. The market capitalization of LUCD is $38.40M. In the past 24 hours, 116,108 LUCD shares were traded.

How to Buy Lucid Diagnostics Stock

Not sure how to invest in Lucid Diagnostics stock? Here's how.
  1. Choose where to buy Lucid Diagnostics stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Lucid Diagnostics stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your method of payment and add your details.
  4. Research Lucid Diagnostics stock: The Lucid Diagnostics ticker symbol is LUCD. Is Lucid Diagnostics stock a good investment? Should you buy shares of LUCD? How do LUCD's underlying business fundamentals look? Do top analysts think Lucid Diagnostics is a good buy? Why has LUCD's stock price moved recently? (Hint: Our stock research tools can help you figure out if LUCD is a good stock to buy).
  5. Execute your LUCD trade: Decide if you will purchase LUCD shares at the current market price or use a limit order to buy LUCD shares at a given price.
  6. Get notifications regarding your LUCD position: Create a watchlist to important notifications about your position in Lucid Diagnostics stock.

Step 1: Choose where to buy Lucid Diagnostics stock

You need an online brokerage account in order to access the NASDAQ market and buy LUCD stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you can buy LUCD today.

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Step 3: Deposit money your investment account

Now that you've finished signing up on the best investment app, you can securely and quickly fund your account:

Check out the walkthrough below for more details depositing funds into your brokerage account.

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Step 4: Research Lucid Diagnostics stock

Once you have figured out the best place to buy Lucid Diagnostics stock, it's important to analyze their stock prior to investing, so you can understand the risk and opportunity.

Lucid Diagnostics Numbers

LUCD Price
$0.80
1w %
-1.61%
1y %
-50.25%
5y %
N/A
P/E
-0.63x
P/B
-16.62x
P/S
13.72x
PEG
N/A
Revenue
$2.43M
Earnings
-$52.67M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$38.40M
Next Earnings
May 8, 2024
Next Dividend
N/A

Lucid Diagnostics Fundamentals

WallStreetZen was designed to help average investors perform better fundamental analysis quickly.

You can view all of the due diligence checks on LUCD's stock page.

Is LUCD stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge LUCD's true value.

You can access more valuation analysis on LUCD's stock here.

How do LUCD Financials look?

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the LUCD balance sheet.

Failed Health Checks:

  • LUCD has $18.90M in cash and short term investments. This is not enough to cover its annual cash burn of $33.04M.
  • LUCD has cash burn of 33038000. It does not have sufficient cash and short-term investments to cover this.
  • LUCD debt to equity ratio of -12.8 is negative.
  • There are more short-term liabilities than short-term assets on the LUCD balance sheet.
  • LUCD profit margin has gone up by 127.3 percentage points in the past year, but the company is still unprofitable.
  • Total LUCD debt is still negative.

Is Lucid Diagnostics stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who give forecasts on LUCD, the consensus analyst rating on Lucid Diagnostics is a Strong Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Lucid Diagnostics stock forecast page.

LUCD Trading Indicators

SMA10
0.84
SMA20
0.9
SMA50
1.1
SMA100
1.26
SMA200
1.32
MACD
-0.09
MACD Signal
-0.09
MACD Histogram
0
RSI
26.03
Stochastic %K
17.37
Stochastic %D
17.79
StochRSI %K
19.43
StochRSI %D
39.94

Is LUCD Growing Revenue?

Last year, LUCD revenue was $2.43M. Over the past 2 year, LUCD's revenue has increased by 120.36% per year. This was faster than the Medical Devices industry average of 13.38%.

Learn more about LUCD's earnings and revenue performance here.

Who is buying/selling LUCD?

In the past year, insiders at LUCD have bought more shares than they have sold.

Pavmed Inc, 10% Owner of LUCD, was the latest LUCD insider to buy. They bought $4,674,474.71 worth of LUCD shares on Jan 26, 2024.

Research more about who owns LUCD stock here.

Does LUCD provide a stable income stream?

No, Lucid Diagnostics doesn't provide an income stream by paying out dividends.

LUCD Social Trading Data

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Step 5: Execute your LUCD trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price, use a limit order.

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Step 6: Get notifications regarding your LUCD position

Now that you own some LUCD shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to get alerted to the latest events about your LUCD stock.

LUCD Feed

How to Buy Stock in Lucid Diagnostics

To summarize, here are the 6 steps to buy Lucid Diagnostics stock:

  1. Choose where to buy Lucid Diagnostics stock
  2. Open your brokerage account
  3. Deposit money your investment account
  4. Research Lucid Diagnostics stock
  5. Execute your LUCD trade
  6. Get notifications regarding your LUCD position

If you are looking for a place to buy stocks, eToro is our recommended venue.

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If you want to monitor your investment in Lucid Diagnostics, hit the button below to create your watchlist.

NASDAQ: LUCD
$0.80-0.00 (-0.38%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: LUCD
$0.80-0.00 (-0.38%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lucid Diagnostics share?

As of Apr 19, 2024, it costs $0.80 to buy one share of Lucid Diagnostics stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.4, you can buy 0.5 shares of LUCD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lucid Diagnostics stock?

According to 2 Wall Street analysts who monitor Lucid Diagnostics, their consensus recommendation is to buy Lucid Diagnostics stock.

What is the best way to buy Lucid Diagnostics stock?

One way to place an order for Lucid Diagnostics stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.