Luminar Technologies Inc (NASDAQ: LAZR) kicked off on Monday, up 7.26% from the previous trading day, before settling in for the closing price of $8.95. Over the past 52 weeks, LAZR has traded in a range of $8.80-$55.35.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 42.90%. While this was happening, its average annual earnings per share was recorded -17.40%. With a float of $25.86 million, this company’s outstanding shares have now reached $33.30 million.
Considering the fact that the conglomerate employs 800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -79.62%, operating margin of -669.7%, and the pretax margin is -500.83%.
Luminar Technologies Inc (LAZR) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Luminar Technologies Inc is 22.20%, while institutional ownership is 26.50%.
Luminar Technologies Inc (LAZR) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -3 earnings per share (EPS), lower than consensus estimate (set at -2.82) by -0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.40% 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 34.30% growth over the previous five years of trading.
Luminar Technologies Inc (NASDAQ: LAZR) Trading Performance Indicators
Take a look at Luminar Technologies Inc’s (LAZR) current performance indicators. Last quarter, stock had a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.28, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Compared to the last year’s volume of 1.12 million, its volume of 4.46 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.46%. Additionally, its Average True Range was 1.49.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 3.71%, which indicates a significant decrease from 9.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 144.20% in the past 14 days, which was higher than the 125.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.78, while its 200-day Moving Average is $21.10. Nevertheless, the first resistance level for the watch stands at $10.11 in the near term. At $10.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.32. If the price goes on to break the first support level at $8.90, it is likely to go to the next support level at $8.20. Now, if the price goes above the second support level, the third support stands at $7.69.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
The company with the Market Capitalisation of 319.64 million has total of 33,313K Shares Outstanding. Its annual sales at the moment are 69,780 K in contrast with the sum of -571,270 K annual income. Company’s last quarter sales were recorded 15,490 K and last quarter income was 27,400 K.
