Currently, there are 42.20M common shares owned by the public and among those 15.50M shares have been available to trade.
The company’s stock has a 5-day price change of -36.01% and -39.35% over the past three months. LVLU shares are trading -86.89% year to date (YTD), with the 12-month market performance down to -78.53% lower. It has a 12-month low price of $0.30 and touched a high of $1.93 over the same period. LVLU has an average intraday trading volume of 116.55K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -39.64%, -41.00%, and -72.71% respectively.
Institutional ownership of Lulus Fashion Lounge Holdings Inc (NASDAQ: LVLU) shares accounts for 28.41% of the company’s 42.20M shares outstanding.
It has a market capitalization of $10.42M and a beta (3y monthly) value of 0.32. The earnings-per-share (ttm) stands at -$1.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 44.20% over the week and 21.31% over the month.
Earnings per share for the fiscal year are expected to increase by 72.18%, and 32.43% over the next financial year.
Looking at the support for the LVLU, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Market Perform rating for the stock in a research note on August 02, 2024, with the firm’s price target at $3-$2. Robert W. Baird coverage for the Lulus Fashion Lounge Holdings Inc (LVLU) stock in a research note released on August 09, 2023 offered a Neutral rating with a price target of $3. Telsey Advisory Group was of a view on July 26, 2023 that the stock is Market Perform, while Goldman gave the stock Neutral rating on July 26, 2023, issuing a price target of $3.75- $2.40. Jefferies on their part issued Hold rating on February 15, 2023.
