Luminar Technologies Inc (NASDAQ: LAZR) kicked off on Monday, down -7.88% from the previous trading day, before settling in for the closing price of $5.20. Over the past 52 weeks, LAZR has traded in a range of $4.93-$37.79.
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A company in the Consumer Cyclical sector has jumped its sales by 42.90% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -17.40%. With a float of $26.19 million, this company’s outstanding shares have now reached $33.30 million.
In an organization with 800 employees, it is important to assess its efficiency. 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 Updates
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Luminar Technologies Inc is 21.70%, while institutional ownership is 25.20%. 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) Performance Highlights and Predictions
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
Take a look at Luminar Technologies Inc’s (LAZR) current performance indicators. Last quarter, 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 2.13.
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 -6.54 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Let’s dig in a bit further. During the last 5-days, its volume was 1.31 million. That was inferior than the volume of 2.36 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.71%. Additionally, its Average True Range was 0.65.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 0.93%, which indicates a significant decrease from 4.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.36% in the past 14 days, which was higher than the 119.60% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.05, while its 200-day Moving Average is $14.14. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $5.19. Second resistance stands at $5.60. The third major resistance level sits at $5.86. If the price goes on to break the first support level at $4.52, it is likely to go to the next support level at $4.26. Assuming the price breaks the second support level, the third support level stands at $3.85.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
The company with the Market Capitalisation of 159.49 million has total of 33,313K Shares Outstanding. Its annual sales at the moment are 69,780 K in contrast with the sum of -571,270 K annual income. Company’s last quarter sales were recorded 15,490 K and last quarter income was 27,400 K.
