Let’s look at the key reasons that are pushing Luminar Technologies Inc (LAZR) to new highs

On Monday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -6.51% from the last session, before settling in for the closing price of $5.84. Price fluctuations for LAZR have ranged from $4.93 to $55.28 over the past 52 weeks.

During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 42.90%. Company’s average yearly earnings per share was noted -17.40% at the time writing. With a float of $26.03 million, this company’s outstanding shares have now reached $33.30 million.

Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock

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 24.70%. The most recent insider transaction that took place on Dec 23 ’24, was worth 371,254. In this transaction Director of this company sold 72,842 shares at a rate of $5.10, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 23 ’24, when Company’s Director proposed sale 72,842 for $5.29, making the entire transaction worth $385,334.

Luminar Technologies Inc (LAZR) Recent Fiscal highlights

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

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 2.27.

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)

Looking closely at Luminar Technologies Inc (NASDAQ: LAZR), its last 5-days average volume was 3.31 million, which is a jump from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 39.02%. Additionally, its Average True Range was 0.79.

During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 3.88%, which indicates a significant decrease from 18.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.67% in the past 14 days, which was lower than the 98.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.10, while its 200-day Moving Average is $17.93. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $5.70. Second resistance stands at $5.95. The third major resistance level sits at $6.22. If the price goes on to break the first support level at $5.18, it is likely to go to the next support level at $4.91. Now, if the price goes above the second support level, the third support stands at $4.66.

Luminar Technologies Inc (NASDAQ: LAZR) Key Stats

There are currently 33,313K shares outstanding in the company with a market cap of 170.59 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.