Lucky Strike Entertainment Corp (NYSE:LUCK) shares, rose in value on Friday, December 13, with the stock price down by -2.97% to the previous day’s close as strong demand from buyers drove the stock to $11.12.
Actively observing the price movement in the last trading, the stock closed the session at $11.46, falling within a range of $10.62 and $11.63. The value of beta (5-year monthly) was 0.617. Referring to stock’s 52-week performance, its high was $15.47, and the low was $9.70. On the whole, LUCK has fluctuated by -3.05% over the past month.
With the market capitalization of Lucky Strike Entertainment Corp currently standing at about $1.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 0.22, with its dividend yield at 1.98%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.25B, with a low estimate of 309M and a high estimate of 331.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 318.31M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LUCK’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LUCK currently trading nearly -6.13% and -4.91% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.06, while the 7-day volatility ratio is showing 5.60% which for the 30-day chart, stands at 4.41%. Furthermore, Lucky Strike Entertainment Corp (LUCK)’s beta value is 0.70, and its average true range (ATR) is 0.56.
A comparison of Lucky Strike Entertainment Corp (LUCK) with its peers suggests the former has fared considerably weaker in the market. LUCK showed an intraday change of -2.97% in last session, and over the past year, it shrunk by -5.52%%.
Data on historical trading for Lucky Strike Entertainment Corp (NYSE:LUCK) indicates that the trading volumes over the past 10 days have averaged 0.59 and over the past 3 months, they’ve averaged 601.87K. According to company’s latest data on outstanding shares, there are 88.45 million shares outstanding.
Nearly 43.96% of Lucky Strike Entertainment Corp’s shares belong to company insiders and institutional investors own 60.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.36 million shares as on 2024-11-29, resulting in a short ratio of 13.68. According to the data, the short interest in Lucky Strike Entertainment Corp (LUCK) stood at 5003.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 9.36 million. The stock has fallen by -21.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LUCK stock heading into the next quarter.
