On Monday, Luminar Technologies Inc (NASDAQ: LAZR) was -11.74% drop from the session before settling in for the closing price of $0.98. A 52-week range for LAZR has been $0.73 – $3.69.
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Annual sales at Consumer Cyclical sector company grew by 47.71% over the past five years. When this article was written, the company’s average yearly earnings per share was at 22.66%. With a float of $391.51 million, this company’s outstanding shares have now reached $506.20 million.
Let’s look at the performance matrix of the company that is accounted for 800 employees. In terms of profitability, gross margin is -83.49%, operating margin of -673.96%, and the pretax margin is -702.49%.
Luminar Technologies Inc (LAZR) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Luminar Technologies Inc stocks. The insider ownership of Luminar Technologies Inc is 22.66%, while institutional ownership is 29.60%.
Luminar Technologies Inc (LAZR) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 22.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to -416.28% drop over the previous five years of trading.
Luminar Technologies Inc (NASDAQ: LAZR) Trading Performance Indicators
You can see what Luminar Technologies Inc (LAZR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.89, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Luminar Technologies Inc (NASDAQ: LAZR) saw its 5-day average volume 32.15 million, a positive change from its year-to-date volume of 15.67 million. As of the previous 9 days, the stock’s Stochastic %D was 35.95%. Additionally, its Average True Range was 0.10.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 9.60%, which indicates a significant decrease from 21.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 122.53% in the past 14 days, which was higher than the 122.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8636, while its 200-day Moving Average is $1.4609. Nevertheless, the first resistance level for the watch stands at $0.8961 in the near term. At $0.9272, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9653. If the price goes on to break the first support level at $0.8269, it is likely to go to the next support level at $0.7888. The third support level lies at $0.7577 if the price breaches the second support level.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are 493,761K outstanding shares of the company, which has a market capitalization of 416.56 million. As of now, sales total 69,780 K while income totals -571,270 K. Its latest quarter income was 16,450 K while its last quarter net income were -130,610 K.
