A new trading day began on Tuesday, with Luminar Technologies Inc (NASDAQ: LAZR) stock price down -3.42% from the previous day of trading, before settling in for the closing price of $6.72. LAZR’s price has ranged from $4.93 to $45.67 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. Meanwhile, its annual earnings per share averaged -17.40%. With a float of $26.03 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 and Institutional Ownership
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 16.70%, while institutional ownership is 25.00%. 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) Latest Financial update
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
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 2.88.
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)
Luminar Technologies Inc (NASDAQ: LAZR) saw its 5-day average volume 2.8 million, a negative change from its year-to-date volume of 3.98 million. As of the previous 9 days, the stock’s Stochastic %D was 19.56%. Additionally, its Average True Range was 1.00.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 11.41%, which indicates a significant decrease from 25.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 185.34% in the past 14 days, which was higher than the 117.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.68, while its 200-day Moving Average is $16.62. Nevertheless, the first resistance level for the watch stands at $6.86 in the near term. At $7.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.61. If the price goes on to break the first support level at $6.11, it is likely to go to the next support level at $5.72. The third support level lies at $5.35 if the price breaches the second support level.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
With a market capitalization of 216.09 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.
