Lucky Strike Entertainment Corp (NYSE:LUCK) shares, rose in value on Thursday, May 08, with the stock price down by -13.17% to the previous day’s close as strong demand from buyers drove the stock to $8.31.
Actively observing the price movement in the last trading, the stock closed the session at $9.57. Referring to stock’s 52-week performance, its high was $14.92, and the low was $7.70. On the whole, LUCK has fluctuated by 4.66% over the past month.
With the market capitalization of Lucky Strike Entertainment Corp currently standing at about $1.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.22, with its dividend yield at 2.65%.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% 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 -8.53% and -12.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.95, while the 7-day volatility ratio is showing 6.45% which for the 30-day chart, stands at 6.57%. Furthermore, Lucky Strike Entertainment Corp (LUCK)’s beta value is 0.79, and its average true range (ATR) is 0.63.
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 -13.17% in last session, and over the past year, it shrunk by -25.80%%.
Data on historical trading for Lucky Strike Entertainment Corp (NYSE:LUCK) indicates that the trading volumes over the past 3 months, they’ve averaged 411.47K. According to company’s latest data on outstanding shares, there are 85.43 million shares outstanding.
Nearly 44.36% of Lucky Strike Entertainment Corp’s shares belong to company insiders and institutional investors own 59.45% of the company’s shares. The stock has fallen by -16.98% 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.