Luminar Technologies Inc (NASDAQ: LAZR) on Monday, plunged -8.11% from the previous trading day, before settling in for the closing price of $7.40. Within the past 52 weeks, LAZR’s price has moved between $4.93 and $45.67.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 42.90%. The company achieved an average annual earnings per share of -17.40%. 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
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Luminar Technologies Inc is 16.70%, while institutional ownership is 24.80%. 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
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 3.02.
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 -6.74 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 5.17 million, which is a jump from its year-to-date volume of 4.83 million. As of the previous 9 days, the stock’s Stochastic %D was 42.27%. Additionally, its Average True Range was 0.99.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 13.68%, which indicates a significant decrease from 34.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 148.14% in the past 14 days, which was higher than the 109.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.24, while its 200-day Moving Average is $17.19. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $6.99. Second resistance stands at $7.17. The third major resistance level sits at $7.42. If the price goes on to break the first support level at $6.56, it is likely to go to the next support level at $6.31. Now, if the price goes above the second support level, the third support stands at $6.13.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
Market capitalization of the company is 226.41 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.
