Luminar Technologies Inc (LAZR) volume exceeds 853.49 million: A new investment opportunity for investors

Sana Meer

Luminar Technologies Inc (NASDAQ: LAZR) kicked off on Friday, up 174.73% from the previous trading day, before settling in for the closing price of $0.22. Over the past 52 weeks, LAZR has traded in a range of $0.18-$10.40.

During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 4.83%. While this was happening, its average annual earnings per share was recorded 54.38%. With a float of $65.44 million, this company’s outstanding shares have now reached $71.04 million.

Luminar Technologies Inc (LAZR) Breakdown of a Key Holders of the stock

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 15.95%, while institutional ownership is 22.43%. 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) Recent Fiscal highlights

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. 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

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 0.62.

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)

Looking closely at Luminar Technologies Inc (NASDAQ: LAZR), its last 5-days average volume was 212.48 million, which is a jump from its year-to-date volume of 8.6 million. As of the previous 9 days, the stock’s Stochastic %D was 19.65%.

During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 14.24%, which indicates a significant decrease from 44.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1808 in the past 14 days, which was lower than the 0.1839 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.2323, while its 200-day Moving Average is $2.8479. However, in the short run, Luminar Technologies Inc’s stock first resistance to watch stands at $0.7918. Second resistance stands at $0.9791. The third major resistance level sits at $1.2683. If the price goes on to break the first support level at $0.3153, it is likely to go to the next support level at $0.0261.

Luminar Technologies Inc (NASDAQ: LAZR) Key Stats

The company with the Market Capitalisation of 47.06 million has total of 77,859K 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 18,750 K and last quarter income was -85,850 K.

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