On Tuesday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -5.15% from the last session, before settling in for the closing price of $1.94. Price fluctuations for LAZR have ranged from $1.89 to $18.60 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 4.83% over the last five years. Company’s average yearly earnings per share was noted 51.76% at the time writing. With a float of $58.88 million, this company’s outstanding shares have now reached $68.76 million.
Luminar Technologies Inc (LAZR) Insider Activity
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 14.37%, while institutional ownership is 19.32%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -2.4 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -2.35) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 41.45% 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 2.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.97, a number that is poised to hit -0.98 in the next quarter and is forecasted to reach -2.37 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
Analysing the last 5-days average volume posted by the [Luminar Technologies Inc, LAZR], we can find that recorded value of 3.18 million was better than the volume posted last year of 2.95 million. As of the previous 9 days, the stock’s Stochastic %D was 6.96%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 0.74%, which indicates a significant decrease from 2.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1541 in the past 14 days, which was lower than the 0.2664 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.7699, while its 200-day Moving Average is $5.2860. Now, the first resistance to watch is $1.9283. This is followed by the second major resistance level at $2.0167. The third major resistance level sits at $2.0733. If the price goes on to break the first support level at $1.7833, it is likely to go to the next support level at $1.7267. Should the price break the second support level, the third support level stands at $1.6383.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are currently 68,764K shares outstanding in the company with a market cap of 126.52 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 15,630 K and its income totaled -22,900 K.
