A new trading day began on Tuesday, with Luminar Technologies Inc (NASDAQ: LAZR) stock price down -2.49% from the previous day of trading, before settling in for the closing price of $7.84. LAZR’s price has ranged from $7.44 to $55.35 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 42.90%. Meanwhile, its annual earnings per share averaged -17.40%. With a float of $25.86 million, this company’s outstanding shares have now reached $33.30 million.
The extent of productivity of a business whose workforce counts for 800 workers is very important to gauge. 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) Insider Updates
As we move forward, let’s examine how large-scale investors are investing 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.89 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
Here are Luminar Technologies Inc’s current performance indicators. According to the last quarter’s results, the 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 3.39.
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)
The latest stats from [Luminar Technologies Inc, LAZR] show that its last 5-days average volume of 2.49 million was superior to 1.16 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.02%. Additionally, its Average True Range was 1.13.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 3.08%, which indicates a significant decrease from 12.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.04% in the past 14 days, which was lower than the 121.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.88, while its 200-day Moving Average is $19.64. Now, the first resistance to watch is $7.94. This is followed by the second major resistance level at $8.23. The third major resistance level sits at $8.69. If the price goes on to break the first support level at $7.19, it is likely to go to the next support level at $6.73. Assuming the price breaks the second support level, the third support level stands at $6.44.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
With a market capitalization of 254.55 million, the company has a total of 33,313K Shares Outstanding. Currently, annual sales are 69,780 K while annual income is -571,270 K. The company’s previous quarter sales were 15,490 K while its latest quarter income was 27,400 K.
