AEye Inc (LIDR) average volume reaches $116.53K: Is Wall Street expecting a rally?

On Monday, AEye Inc (NASDAQ: LIDR) opened higher 14.68% from the last session, before settling in for the closing price of $1.09. Price fluctuations for LIDR have ranged from $0.78 to $5.15 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 10.37%. Company’s average yearly earnings per share was noted 98.09% at the time writing. With a float of $7.60 million, this company’s outstanding shares have now reached $8.94 million.

Let’s determine the extent of company efficiency that accounts for 60 employees. In terms of profitability, gross margin is -3140.89%, operating margin of -20083.56%, and the pretax margin is -24301.33%.

AEye Inc (LIDR) Insider Activity

A key investor’s attitude towards the stock of the Software – Infrastructure industry is another important factor to consider. The insider ownership of AEye Inc is 16.82%, while institutional ownership is 6.72%. The most recent insider transaction that took place on May 29 ’24, was worth 31,100. In this transaction Director of this company sold 7,440 shares at a rate of $4.18, taking the stock ownership to the 3,493 shares. Before that another transaction happened on May 28 ’24, when Company’s Director sold 50,000 for $4.43, making the entire transaction worth $221,643. This insider now owns 244,832 shares in total.

AEye Inc (LIDR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 98.09% per share during the next fiscal year.

AEye Inc (NASDAQ: LIDR) Trading Performance Indicators

Check out the current performance indicators for AEye Inc (LIDR). In the past quarter, the stock posted a quick ratio of 2.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 49.65.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -8.22, a number that is poised to hit -0.88 in the next quarter and is forecasted to reach 0.30 in one year’s time.

Technical Analysis of AEye Inc (LIDR)

Looking closely at AEye Inc (NASDAQ: LIDR), its last 5-days average volume was 0.3 million, which is a drop from its year-to-date volume of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 65.20%. Additionally, its Average True Range was 0.10.

During the past 100 days, AEye Inc’s (LIDR) raw stochastic average was set at 44.34%, which indicates a significant decrease from 88.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.09% in the past 14 days, which was higher than the 78.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1202, while its 200-day Moving Average is $1.5094. However, in the short run, AEye Inc’s stock first resistance to watch stands at $1.3367. Second resistance stands at $1.4233. The third major resistance level sits at $1.5467. If the price goes on to break the first support level at $1.1267, it is likely to go to the next support level at $1.0033. Should the price break the second support level, the third support level stands at $0.9167.

AEye Inc (NASDAQ: LIDR) Key Stats

There are currently 9,133K shares outstanding in the company with a market cap of 11.42 million. Presently, the company’s annual sales total 1,460 K according to its annual income of -87,130 K. Last quarter, the company’s sales amounted to 100 K and its income totaled -8,710 K.