LGCL's Stock Experiences Significant Drop Amid High Trading Volume

Author's Avatar
Oct 02, 2024

Rocus (LGCL, Financial) stock saw a significant decline of 7.37%, bringing the price to $0.991 per share with a trading volume of 50,034 shares and a turnover rate of 0.06%. The stock's volatility registered at 8.25%.

Recent financial reports show that the company achieved a revenue of $83.92 million, a net profit of $7.42 million, earnings per share (EPS) of $0.10, gross profit of $28.14 million, and a price-to-earnings (P/E) ratio of 7.75.

No institutions have given a buy, hold, or sell recommendation for LGCL stock as of now.

In the software services sector, where Rocus operates, the overall increase is 0.08%. Notable gainers in this sector include Agora, Haichuan Securities, and Palladyne Ai Corp, while highly active stocks include Microalgo Inc., Treasure Global Inc., and Agora with turnover rates of 191.67%, 121.51%, and 80.67% respectively. Stocks with significant volatility include Agora, Banzai International Inc., and Wag Group Co. with amplitude rates of 90.18%, 72.84%, and 55.42% respectively.

About the company: Rocus Technology (Beijing) Co., Ltd. is a Chinese provider of online human capital management services based on PaaS, driven by technology, and centered on agents, catering to professionals.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.