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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 $0.92, down 1.51% from the previous day, and has decreased 40.52% in one year. It has underperformed other stocks in the Medical Devices industry by 0.28 percentage points. Lucid Diagnostics stock is currently +45.4% from its 52-week low of $0.63, and -50.49% from its 52-week high of $1.85.

There are currently 52.11M LUCD shares outstanding. The market capitalization of LUCD is $47.74M. In the past 24 hours, 123,231 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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  1. Submit your data by hitting the "Create Account" button.
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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
$0.92
1w %
1.22%
1y %
-40.52%
5y %
N/A
P/E
-0.73x
P/B
4.01x
P/S
13.88x
PEG
N/A
Revenue
$2.98M
Earnings
-$54.53M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$47.74M
Next Earnings
Jun 20, 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.

Using relative valuations metrics:

  • LUCD may be overvalued based on its P/B ratio of 4.01x, relative to Medical Devices industry P/B ratio of 3.95x

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

LUCD Financial Overview

Passed Health Checks:

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

Failed Health Checks:

  • LUCD has cash burn of 38625000. It does not have sufficient cash and short-term investments to cover this.
  • LUCD has $24.77M in cash and short term investments. This is not enough to cover its annual cash burn of $38.63M.
  • LUCD has a relatively high debt to equity ratio of 1.69.
  • LUCD profit margin has gone up by 76.59 percentage points in the past year, but the company is still unprofitable.

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

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

Please note that analyst ratings are not recommendations, nor are they investment advice.

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

LUCD Technicals

SMA10
0.92
SMA20
0.92
SMA50
0.91
SMA100
1.13
SMA200
1.25
MACD
0
MACD Signal
0
MACD Histogram
0
RSI
50.53
Stochastic %K
22.38
Stochastic %D
25.21
StochRSI %K
21.63
StochRSI %D
20.5

LUCD Growth Numbers

Last year, LUCD revenue was $2.98M. In the past two year, LUCD's revenue has grown by 108.07% per year. This was faster than the Medical Devices industry average of 13.08%.

Dive into LUCD's earnings and revenue performance here.

What are LUCD executives and large shareholders up to?

In the last 12 months, executives and large shareholders 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.

Dig into more about who owns LUCD stock here.

Can I get consistent income from LUCD stock?

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

You have 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 for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact 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.

Add LUCD to a watchlist to track the most important metrics related to 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 require a online brokerage, eToro is our recommended option.

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.

If you want to get notifications regarding your new investment in Lucid Diagnostics, click the button below.

NASDAQ: LUCD
$0.92-0.01 (-1.51%)
Updated May 24, 2024
Open eToro Account
NASDAQ: LUCD
$0.92-0.01 (-1.51%)
Updated May 24, 2024
Open eToro Account

FAQ

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

As of May 24, 2024, it costs $0.92 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 $0.46, 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.