Luminar Technologies Inc (NASDAQ: LAZR) kicked off on Monday, down -10.16% from the previous trading day, before settling in for the closing price of $1.01. Over the past 52 weeks, LAZR has traded in a range of $1.01-$15.60.
Consumer Cyclical Sector giant saw their annual sales surged by 4.83% over the last five years. While this was happening, its average annual earnings per share was recorded 54.38%. With a float of $56.23 million, this company’s outstanding shares have now reached $71.04 million.
Luminar Technologies Inc (LAZR) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of Luminar Technologies Inc is 18.22%, while institutional ownership is 25.40%. 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
In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported -1.42 earnings per share (EPS), higher than consensus estimate (set at -1.96) by 0.54.
According to the Wall Street analysts, stocks earnings will be around 54.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.68% 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
Take a look at Luminar Technologies Inc’s (LAZR) current performance indicators. Last quarter, stock had a quick ratio of 1.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.09, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach -2.24 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 8.44 million was better than the volume posted last year of 4.26 million. As of the previous 9 days, the stock’s Stochastic %D was 8.99%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 1.87%, which indicates a significant decrease from 4.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1935 in the past 14 days, which was lower than the 0.2120 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8449, while its 200-day Moving Average is $3.4138. Now, the first resistance to watch is $1.0079. This is followed by the second major resistance level at $1.1084. The third major resistance level sits at $1.1868. If the price goes on to break the first support level at $0.8290, it is likely to go to the next support level at $0.7506. Should the price break the second support level, the third support level stands at $0.6501.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
The company with the Market Capitalisation of 62.39 million has total of 68,764K Shares Outstanding. Its annual sales at the moment are 75,400 K in contrast with the sum of -273,140 K annual income. Company’s last quarter sales were recorded 15,630 K and last quarter income was -22,900 K.
