Is This Stock a Screaming Buy: Lifetime Brands, Inc. (NASDAQ:LCUT)

Equity Research firms currently have a positive stance on shares of Lifetime Brands, Inc. (NASDAQ:LCUT). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $19.00 on a short term basis.

At the time of writing, the stock was trading at $12.98. This represents a change from the opening price of -0.69%. In terms of performance, year to date, the stock is -1.36%. The monthly stock performance comes in at -5.05%. For the quarter, shares are performing at -11.88%. Weekly performance analysis shows the equity at 1.49%.

In taking a look at technical levels, shares are trading -2.07% away from the 50 day simple moving average and -6.12% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -26.86% away from it’s 52- week high and 16.03% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Lifetime Brands, Inc.’s RSI stands at 50.12. In looking at volatility levels, the shares saw weekly volatility of 3.61% and 3.58% over the past month.

Leave a Comment