NEW YORK, USA – Shares of electric vehicle manufacturer Lucid Group, Inc. (NASDAQ: LCID) experienced downward pressure during Tuesday’s mid-day trading session on the Nasdaq.
As of 12:40:34 PM EDT, LCID stock was trading at $2.3678. This price reflects a decrease of $0.0722, equating to a -2.96% decline for the session so far. The market remains open.
Lucid shares opened the day slightly lower at $2.4050 compared to the previous close of $2.4400. While the stock reached an intraday high of $2.4700 earlier in the session, it has since trended lower, hitting a day’s low of $2.3600 and currently trading near that bottom mark.
Trading volume for Lucid has been active, with over 32.4 million shares changing hands by early afternoon. This level of activity, while significant, is tracking below the stock’s average daily volume of approximately 99.3 million shares.
The company’s intraday market capitalization stands at roughly $7.185 billion. Today’s trading keeps the stock price within its 52-week range of $1.9300 to $4.4300.
Other financial data points indicate a negative Earnings Per Share (TTM) of -$1.2500 and no current PE Ratio (TTM) or forward dividend yield. The 1-year target estimate listed is $2.42.
The stock’s movement places it among the monitored equities in the EV sector as investors assess its performance during the trading day.
