Luminar Technologies Inc (NASDAQ: LAZR) on Monday, plunged -4.91% from the previous trading day, before settling in for the closing price of $5.30. Within the past 52 weeks, LAZR’s price has moved between $5.21 and $55.35.
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Consumer Cyclical Sector giant saw their annual sales surged by 42.90% over the last five years. The company achieved an average annual earnings per share of -17.40%. With a float of $25.72 million, this company’s outstanding shares have now reached $33.30 million.
The firm has a total of 800 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Luminar Technologies Inc is 22.60%, while institutional ownership is 24.70%. The most recent insider transaction that took place on Dec 23 ’24, was worth 385,334.
Luminar Technologies Inc (LAZR) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 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
Luminar Technologies Inc (LAZR) is currently performing well based on its current performance indicators. A quick ratio of 2.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -17.75, a number that is poised to hit -2.11 in the next quarter and is forecasted to reach -6.76 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Analysing the last 5-days average volume posted by the [Luminar Technologies Inc, LAZR], we can find that recorded value of 2.74 million was better than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 2.78%. Additionally, its Average True Range was 0.84.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 0.29%, which indicates a significant decrease from 1.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.69% in the past 14 days, which was lower than the 121.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.65, while its 200-day Moving Average is $18.39. Now, the first resistance to watch is $5.28. This is followed by the second major resistance level at $5.53. The third major resistance level sits at $5.67. If the price goes on to break the first support level at $4.89, it is likely to go to the next support level at $4.75. Should the price break the second support level, the third support level stands at $4.50.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
Market capitalization of the company is 167.81 million based on 33,313K outstanding shares. Right now, sales total 69,780 K and income totals -571,270 K. The company made 15,490 K in profit during its latest quarter, and 27,400 K in sales during its previous quarter.
