On Friday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -7.36% from the last session, before settling in for the closing price of $6.93. Price fluctuations for LAZR have ranged from $6.86 to $55.35 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 42.90% over the past five years. Company’s average yearly earnings per share was noted -17.40% at the time writing. With a float of $25.72 million, this company’s outstanding shares have now reached $33.30 million.
Let’s look at the performance matrix of the company that is accounted for 800 employees. 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
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Luminar Technologies Inc is 22.60%, 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
Check out the current performance indicators for Luminar Technologies Inc (LAZR). In the past quarter, the stock posted a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.85.
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)
Luminar Technologies Inc (NASDAQ: LAZR) saw its 5-day average volume 2.41 million, a positive change from its year-to-date volume of 1.17 million. As of the previous 9 days, the stock’s Stochastic %D was 8.72%. Additionally, its Average True Range was 1.02.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 0.40%, which indicates a significant decrease from 2.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.58% in the past 14 days, which was lower than the 121.79% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.56, while its 200-day Moving Average is $19.20. Nevertheless, the first resistance level for the watch stands at $6.75 in the near term. At $7.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.29. If the price goes on to break the first support level at $6.21, it is likely to go to the next support level at $6.01. Assuming the price breaks the second support level, the third support level stands at $5.67.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are currently 33,313K shares outstanding in the company with a market cap of 213.76 million. Presently, the company’s annual sales total 69,780 K according to its annual income of -571,270 K. Last quarter, the company’s sales amounted to 15,490 K and its income totaled 27,400 K.
