Luminar Technologies Inc. (NASDAQ: LAZR) started the day on November 18, 2021, with a price decrease of -3.87% at $19.38. During the day, the stock rose to $20.68 and sunk to $18.96 before settling in for the price of $20.16 at the close. Taking a more long-term approach, LAZR posted a 52-week range of $10.19-$47.80.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -723.90%. This publicly-traded company’s shares outstanding now amounts to $340.25 million, simultaneously with a float of $205.34 million. The organization now has a market capitalization sitting at $6.76 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.84, while the 200-day Moving Average is $20.98.
It is quite necessary to find out the efficiency of the corporate organization, which has 368 number of employees on its payroll. It has generated 37,503 per worker during the last fiscal year. Meanwhile, its income per employee was -973,919. The stock had 3.39 Receivables turnover and 0.03 Total Asset turnover. For the Profitability, stocks gross margin was -78.85, operating margin was -680.06 and Pretax Margin of -2654.28.
Luminar Technologies Inc. (LAZR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Luminar Technologies Inc.’s current insider ownership accounts for 0.90%, in contrast to 35.10% institutional ownership. According to the most recent insider trade that took place on Jul 01, this organization’s Director bought 22,727 shares at the rate of 22.00, making the entire transaction reach 499,994 in total value, affecting insider ownership by 31,833. Preceding that transaction, on Jul 01, Company’s Director bought 4,545 for 22.00, making the whole transaction’s value amount to 99,990. This particular insider is now the holder of 319,170 in total.
Luminar Technologies Inc. (LAZR) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2021, the organization reported -$0.1 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.1) by $0. This company achieved a net margin of -2596.93 while generating a return on equity of -133.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.
Luminar Technologies Inc.’s EPS decrease for this current 12-month fiscal period is -723.90% and is forecasted to reach -0.36 in the upcoming 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 24.60. The Stock has managed to achieve an average true range (ATR) of 1.46. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 307.30.
In the same vein, LAZR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.48, a figure that is expected to reach -0.10 in the next quarter, and analysts are predicting that it will be -0.36 at the market close of one year from today.
Technical Analysis of Luminar Technologies Inc. (LAZR)
If we take a close look at the recent performances of Luminar Technologies Inc. (NASDAQ: LAZR), its last 5-days Average volume was 8.77 million that shows progress from its year to date volume of 5.39 million. During the previous 9 days, stock’s Stochastic %D was recorded 47.39% While, its Average True Range was 1.66.
Raw Stochastic average of Luminar Technologies Inc. (LAZR) in the period of the previous 100 days is set at 52.42%, which indicates a major rise in contrast to 39.65% 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 96.06% that was higher than 54.81% volatility it exhibited in the past 100-days period.