Witnessing the stock’s movement on the chart, on April 07, 2021, Luminar Technologies Inc. (NASDAQ: LAZR) had a quiet start as it plunged -9.88% to $22.53. During the day, the stock rose to $25.13 and sunk to $22.50 before settling in for the price of $25.00 at the close. Taking a more long-term approach, LAZR posted a 52-week range of $9.87-$47.80.
This publicly-traded company’s shares outstanding now amounts to $218.82 million, simultaneously with a float of $178.52 million. The organization now has a market capitalization sitting at $7.26 billion. At the time of writing, stock’s 50-day Moving Average stood at $29.08, while the 200-day Moving Average is $19.31.
Luminar Technologies Inc. (LAZR) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Software – Application industry. Luminar Technologies Inc.’s current insider ownership accounts for 2.70%, in contrast to 13.30% institutional ownership.
Luminar Technologies Inc. (LAZR) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
Luminar Technologies Inc. (NASDAQ: LAZR) Trading Performance Indicators
Let’s observe the current performance indicators for Luminar Technologies Inc. (LAZR). It’s Quick Ratio in the last reported quarter now stands at 0.20. The Stock has managed to achieve an average true range (ATR) of 2.31. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 419.36. Similarly, its price to free cash flow for trailing twelve months is now 72625.46.
In the same vein, LAZR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.04, a figure that is expected to reach -0.05 in the next quarter, and analysts are predicting that it will be -0.27 at the market close of one year from today.
Technical Analysis of Luminar Technologies Inc. (LAZR)
Going through the that latest performance of [Luminar Technologies Inc., LAZR]. Its last 5-days volume of 3.22 million was inferior to the volume of 6.8 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 29.25% While, its Average True Range was 2.16.
Raw Stochastic average of Luminar Technologies Inc. (LAZR) in the period of the previous 100 days is set at 32.95%, which indicates a major rise in contrast to 3.90% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 99.70% that was lower than 136.09% volatility it exhibited in the past 100-days period.