Luminar Technologies Inc (NASDAQ: LAZR) started the day on Wednesday, with a price increase of 5.33% at $1.78, before settling in for the price of $1.69 at the close. Taking a more long-term approach, LAZR posted a 52-week range of $1.63-$8.32.
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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 47.71%. Meanwhile, its Annual Earning per share during the time was -416.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 18.98%. This publicly-traded company’s shares outstanding now amounts to $322.74 million, simultaneously with a float of $273.36 million. The organization now has a market capitalization sitting at $750.96 million. At the time of writing, stock’s 50-day Moving Average stood at $2.3379, while the 200-day Moving Average is $4.1721.
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 Auto Parts Industry. Luminar Technologies Inc’s current insider ownership accounts for 35.21%, in contrast to 30.46% institutional ownership. According to the most recent insider trade that took place on Sep 06 ’23, this organization’s Chief Legal Officer sold 42,171 shares at the rate of 5.57, making the entire transaction reach 234,682 in total value, affecting insider ownership by 1,467,282. Preceding that transaction, on Sep 06 ’23, Company’s Chief Financial Officer sold 18,305 for 5.57, making the whole transaction’s value amount to 101,867. This particular insider is now the holder of 692,699 in total.
Luminar Technologies Inc (LAZR) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported -$0.2 earnings per share (EPS) for the three months, lower than the consensus estimate (set at -$0.19) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
Luminar Technologies Inc’s EPS increase for this current 12-month fiscal period is 18.98% and is forecasted to reach -0.50 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 4.00. The Stock has managed to achieve an average true range (ATR) of 0.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.76.
In the same vein, LAZR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.47, a figure that is expected to reach -0.19 in the next quarter, and analysts are predicting that it will be -0.50 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 6.85 million that shows plunge from its year to date volume of 7.75 million. During the previous 9 days, stock’s Stochastic %D was recorded 30.23% While, its Average True Range was 0.1522.
Raw Stochastic average of Luminar Technologies Inc (LAZR) in the period of the previous 100 days is set at 6.36%, which indicates a major fall in contrast to 25.64% 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 59.60% that was lower than 98.76% volatility it exhibited in the past 100-days period.
