On Tuesday, Luminar Technologies Inc (NASDAQ: LAZR) opened lower -4.12% from the last session, before settling in for the closing price of $1.7. Price fluctuations for LAZR have ranged from $1.69 to $18.60 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 4.83%. 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 1.55.
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)
Compared to the last year’s volume of 2.97 million, its volume of 3.84 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 5.07%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 1.49%, which indicates a significant decrease from 5.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1335 in the past 14 days, which was lower than the 0.2447 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.6791, while its 200-day Moving Average is $5.0415. Nevertheless, the first resistance level for the watch stands at $1.6800 in the near term. At $1.7300, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7800. If the price goes on to break the first support level at $1.5800, it is likely to go to the next support level at $1.5300. Should the price break the second support level, the third support level stands at $1.4800.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are currently 68,764K shares outstanding in the company with a market cap of 112.09 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.
