Luminar Technologies Inc (LAZR) 14-day ATR is 0.19: This Stock is Set to Soar Above its Peers

Luminar Technologies Inc (NASDAQ: LAZR) open the trading on Wednesday, with a bit cautious approach as it glided -6.02% to $1.25, before settling in for the price of $1.33 at the close. Taking a more long-term approach, LAZR posted a 52-week range of $1.24-$8.32.

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The Consumer Cyclical sector firm’s twelve-monthly sales growth has been 47.71% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -416.28%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 20.44%. This publicly-traded company’s shares outstanding now amounts to $322.74 million, simultaneously with a float of $276.51 million. The organization now has a market capitalization sitting at $527.36 million. At the time of writing, stock’s 50-day Moving Average stood at $2.0875, while the 200-day Moving Average is $3.8225.

Luminar Technologies Inc (LAZR) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Auto Parts industry. Luminar Technologies Inc’s current insider ownership accounts for 34.46%, in contrast to 29.26% 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 10.25 per share during the current fiscal year.

Luminar Technologies Inc’s EPS increase for this current 12-month fiscal period is 20.44% and is forecasted to reach -0.47 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 43.50% through the next 5 years, which can be compared against the -416.28% growth it accomplished over the previous five years trading on the market.

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 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.56.

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 -0.47 at the market close of one year from today.

Technical Analysis of Luminar Technologies Inc (LAZR)

[Luminar Technologies Inc, LAZR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 7.87% While, its Average True Range was 0.1897.

Raw Stochastic average of Luminar Technologies Inc (LAZR) in the period of the previous 100 days is set at 1.21%, which indicates a major fall in contrast to 3.03% 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 119.51% that was higher than 96.27% volatility it exhibited in the past 100-days period.