On November 20, 2023, AEye Inc (NASDAQ: LIDR) opened at $0.165, higher 6.78% from the last session. During the day, the shares moved up to $0.1766 and dropped to $0.155 before settling in for the closing price of $0.16. Price fluctuations for LIDR have ranged from $0.15 to $1.30 over the past 52 weeks.
During the last 5-year period, the sales growth of Technology Sector giant was 27.93%. Company’s average yearly earnings per share was noted 46.81% at the time writing. With a float of $122.85 million, this company’s outstanding shares have now reached $163.10 million.
Let’s determine the extent of company efficiency that accounts for 160 employees. In terms of profitability, gross margin is -139.43, operating margin of -2709.30, and the pretax margin is -2705.13.
AEye Inc (LIDR) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of AEye Inc is 34.71%, while institutional ownership is 14.62%. The most recent insider transaction that took place on Nov 17, was worth 10,329. In this transaction Director of this company sold 64,594 shares at a rate of $0.16, taking the stock ownership to the 16,980,639 shares. Before that another transaction happened on Nov 16, when Company’s Director sold 169,981 for $0.17, making the entire transaction worth $28,149. This insider now owns 17,045,233 shares in total.
AEye Inc (LIDR) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/29/2023, the company posted -$0.05 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.06) by $0.01. This company achieved a net margin of -2706.72 while generating a return on equity of -75.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.81% per share during the next fiscal year.
AEye Inc (NASDAQ: LIDR) Trading Performance Indicators
Check out the current performance indicators for AEye Inc (LIDR). In the past quarter, the stock posted a quick ratio of 4.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.23 in one year’s time.
Technical Analysis of AEye Inc (LIDR)
Looking closely at AEye Inc (NASDAQ: LIDR), its last 5-days average volume was 0.96 million, which is a drop from its year-to-date volume of 2.21 million. As of the previous 9 days, the stock’s Stochastic %D was 16.77%. Additionally, its Average True Range was 0.02.
During the past 100 days, AEye Inc’s (LIDR) raw stochastic average was set at 2.95%, which indicates a significant decrease from 29.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.26% in the past 14 days, which was lower than the 138.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2025, while its 200-day Moving Average is $0.2885. However, in the short run, AEye Inc’s stock first resistance to watch stands at $0.1805. Second resistance stands at $0.1893. The third major resistance level sits at $0.2021. If the price goes on to break the first support level at $0.1589, it is likely to go to the next support level at $0.1461. Now, if the price goes above the second support level, the third support stands at $0.1373.
AEye Inc (NASDAQ: LIDR) Key Stats
There are currently 188,143K shares outstanding in the company with a market cap of 32.28 million. Presently, the company’s annual sales total 3,650 K according to its annual income of -98,710 K. Last quarter, the company’s sales amounted to 190 K and its income totaled -17,050 K.