On Friday, Luminar Technologies Inc (NASDAQ: LAZR) opened higher 11.07% from the last session, before settling in for the closing price of $0.82. Price fluctuations for LAZR have ranged from $0.78 to $10.40 over the past 52 weeks.
A company in the Consumer Cyclical sector has jumped its sales by 4.83% annually for the last half of the decade. Company’s average yearly earnings per share was noted 54.38% at the time writing. With a float of $64.29 million, this company’s outstanding shares have now reached $71.04 million.
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 17.43%, while institutional ownership is 22.44%. 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
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -1.42 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -1.96) by 0.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.34 per share during the current fiscal year.
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
Check out the current performance indicators for Luminar Technologies Inc (LAZR). In the past quarter, the stock posted a quick ratio of 1.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 3.53 million. That was inferior than the volume of 4.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.13%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 4.17%, which indicates a significant decrease from 24.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1172 in the past 14 days, which was lower than the 0.2047 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6627, while its 200-day Moving Average is $3.2286. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $0.9503. Second resistance stands at $0.9944. The third major resistance level sits at $1.0695. If the price goes on to break the first support level at $0.8311, it is likely to go to the next support level at $0.7560. The third support level lies at $0.7119 if the price breaches the second support level.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are currently 77,859K shares outstanding in the company with a market cap of 70.56 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 18,750 K and its income totaled -85,850 K.
