Luminar Technologies Inc (LAZR) is heading in the right direction with an average volume of $30.87M

As on Thursday, Luminar Technologies Inc (NASDAQ: LAZR) started slowly as it slid -4.31% to $0.89, before settling in for the price of $0.93 at the close. Taking a more long-term approach, LAZR posted a 52-week range of $0.73-$3.76.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

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 22.74%. This publicly-traded company’s shares outstanding now amounts to $506.20 million, simultaneously with a float of $391.51 million. The organization now has a market capitalization sitting at $451.07 million. At the time of writing, stock’s 50-day Moving Average stood at $0.8549, while the 200-day Moving Average is $1.5243.

Luminar Technologies Inc (LAZR) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Auto Parts industry. Luminar Technologies Inc’s current insider ownership accounts for 22.66%, in contrast to 28.05% institutional ownership.

Luminar Technologies Inc (LAZR) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.

Luminar Technologies Inc’s EPS increase for this current 12-month fiscal period is 22.74% and is forecasted to reach -0.50 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% 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 3.10. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.90.

In the same vein, LAZR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.29, a figure that is expected to reach -0.15 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)

Through scrutinizing the latest numbers posted by the [Luminar Technologies Inc, LAZR], it can be observed that its last 5-days Average volume of 38.14 million was better the volume of 15.04 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 61.82% While, its Average True Range was 0.0775.

Raw Stochastic average of Luminar Technologies Inc (LAZR) in the period of the previous 100 days is set at 11.40%, which indicates a major fall in contrast to 66.09% 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 94.56% that was lower than 119.65% volatility it exhibited in the past 100-days period.