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 $1.20, down 0.83% from the previous day, and has increased 59.79% in one year. It has overperformed other stocks in the Medical Devices industry by 0.79 percentage points. Lucid Diagnostics stock is currently +90.48% from its 52-week low of $0.63, and -33.33% from its 52-week high of $1.80.
There are currently 90.75M LUCD shares outstanding. The market capitalization of LUCD is $108.90M. In the past 24 hours, 583,046 LUCD shares were traded.
How to Buy Lucid Diagnostics Stock
Not sure how to invest in Lucid Diagnostics stock? Here's how.
- 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.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Choose your method of payment and add your details.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 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.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
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.
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
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 20.2x, relative to Medical Devices industry P/B ratio of 3.74x
You can access more valuation analysis on LUCD's stock here.
LUCD Financial Overview
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LUCD balance sheet.
- There are more short-term assets than short-term liabilities on the LUCD balance sheet.
- Total LUCD debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- LUCD has $22.36M in cash and short term investments. This is not enough to cover its annual cash burn of $44.44M.
- LUCD has cash burn of 44436000. It does not have sufficient cash and short-term investments to cover this.
- LUCD has a relatively high debt to equity ratio of 4.7.
- LUCD profit margin has gone up by 9.49 percentage points in the past year, but the company is still unprofitable.
Is LUCD stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 Equities analysts who research LUCD, the consensus analyst rating on LUCD is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Lucid Diagnostics stock forecast page.
LUCD Momentum
How are LUCD Revenues/Earnings doing?
Last year, LUCD revenue was $4.35M. In the last 3 year, LUCD's revenue has gone up by 197.4% per year. This was faster than the Medical Devices industry average of 9.8%.
Learn more about LUCD's earnings and revenue performance here.
Are LUCD executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at LUCD have not bought or sold any shares.
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
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
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.
Hit the Open button and eToro will execute the order.
If you need additional assistance buying stocks on eToro, watch the how to video below:
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:
- Choose where to buy Lucid Diagnostics stock
- Open your brokerage account
- Deposit money your investment account
- Research Lucid Diagnostics stock
- Execute your LUCD trade
- Get notifications regarding your LUCD position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Lucid Diagnostics, click the button below.
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