On Friday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -3.48% from the last session, before settling in for the closing price of $5.17. Price fluctuations for LAZR have ranged from $4.47 to $34.80 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. Company’s average yearly earnings per share was noted -17.40% at the time writing. With a float of $26.19 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
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 21.70%, while institutional ownership is 30.10%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.82 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
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 2.22.
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)
Luminar Technologies Inc (NASDAQ: LAZR) saw its 5-day average volume 1.41 million, a negative change from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 37.75%. Additionally, its Average True Range was 0.61.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 3.65%, which indicates a significant decrease from 17.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 105.15% in the past 14 days, which was lower than the 118.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.00, while its 200-day Moving Average is $13.70. Nevertheless, the first resistance level for the watch stands at $5.19 in the near term. At $5.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.67. If the price goes on to break the first support level at $4.71, it is likely to go to the next support level at $4.43. The third support level lies at $4.23 if the price breaches the second support level.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are currently 33,313K shares outstanding in the company with a market cap of 166.15 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.
