On Tuesday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -2.41% from the last session, before settling in for the closing price of $3.52. Price fluctuations for LAZR have ranged from $3.30 to $32.70 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 43.01% annually for the last half of the decade. Company’s average yearly earnings per share was noted 52.25% at the time writing. With a float of $41.04 million, this company’s outstanding shares have now reached $47.00 million.
In an organization with 580 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -34.07%, operating margin of -577.0%, and the pretax margin is -363.26%.
Luminar Technologies Inc (LAZR) Insider Updates
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 12.69%, while institutional ownership is 27.16%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.70% 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 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.66, a number that is poised to hit -1.18 in the next quarter and is forecasted to reach -2.52 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 1.42 million. That was inferior than the volume of 2.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 6.20%. Additionally, its Average True Range was 0.34.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 2.58%, which indicates a significant decrease from 4.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 120.45% in the past 14 days, which was lower than the 132.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.34, while its 200-day Moving Average is $8.28. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $3.55. Second resistance stands at $3.66. The third major resistance level sits at $3.75. If the price goes on to break the first support level at $3.35, it is likely to go to the next support level at $3.26. Assuming the price breaks the second support level, the third support level stands at $3.15.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are currently 46,879K shares outstanding in the company with a market cap of 161.44 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 18,890 K and its income totaled -80,690 K.
