Luminar Technologies Inc (NASDAQ: LAZR) on Friday, soared 3.88% from the previous trading day, before settling in for the closing price of $6.18. Within the past 52 weeks, LAZR’s price has moved between $4.93 and $45.67.
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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) Insider Activity
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 31.10%. 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) 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.
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 2.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -17.75, a number that is poised to hit -2.00 in the next quarter and is forecasted to reach -6.55 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 1.74 million, which is a drop from its year-to-date volume of 3.48 million. As of the previous 9 days, the stock’s Stochastic %D was 24.55%. Additionally, its Average True Range was 0.89.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 10.90%, which indicates a significant decrease from 14.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 176.12% in the past 14 days, which was higher than the 117.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.25, while its 200-day Moving Average is $16.27. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $6.66. Second resistance stands at $6.91. The third major resistance level sits at $7.21. If the price goes on to break the first support level at $6.12, it is likely to go to the next support level at $5.81. Should the price break the second support level, the third support level stands at $5.57.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
Market capitalization of the company is 213.76 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.
