Innovative Eyewear (NASDAQ:LUCYW) Shares Up 9.7% – Should You Buy?

Innovative Eyewear, Inc. (NASDAQ:LUCYWGet Free Report) shares rose 9.7% during trading on Thursday . The company traded as high as $0.13 and last traded at $0.11. Approximately 8,142 shares changed hands during trading, a decline of 40% from the average daily volume of 13,543 shares. The stock had previously closed at $0.10.

Innovative Eyewear Stock Performance

The company has a 50-day moving average of $0.10 and a two-hundred day moving average of $0.08.

About Innovative Eyewear

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Innovative Eyewear, Inc develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants and ChatGPT to perform various smartphone tasks hands-free. It also offers smart eyewear under the Lyte XL brand; and Nautica Powered by Lucyd smart eyewear collection and various branded accessories, including a power brick, cleaning cloth, and a slipcase adorned.

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