On Monday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -10.39% from the last session, before settling in for the closing price of $6.01. Price fluctuations for LAZR have ranged from $4.47 to $34.80 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 49.32% annually for the last half of the decade. Company’s average yearly earnings per share was noted 39.76% at the time writing. With a float of $36.08 million, this company’s outstanding shares have now reached $36.60 million.
In an organization with 580 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 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 14.88%, while institutional ownership is 30.17%. 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 -1.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.67% during the next five years compared to 4.83% growth over the previous five years of trading.
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 3.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -9.18, a number that is poised to hit -1.74 in the next quarter and is forecasted to reach -3.95 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 5.0 million. That was better than the volume of 2.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 15.85%. Additionally, its Average True Range was 0.87.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 6.48%, which indicates a significant decrease from 20.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 223.75% in the past 14 days, which was higher than the 142.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.81, while its 200-day Moving Average is $12.30. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $5.68. Second resistance stands at $5.97. The third major resistance level sits at $6.12. If the price goes on to break the first support level at $5.24, it is likely to go to the next support level at $5.09. The third support level lies at $4.80 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 228.48 million. Presently, the company’s annual sales total 75,400 K according to its annual income of -273,140 K. Last quarter, the company’s sales amounted to 22,480 K and its income totaled -44,220 K.
