A new trading day began on Tuesday, with Luminar Technologies Inc (NASDAQ: LAZR) stock price down -3.83% from the previous day of trading, before settling in for the closing price of $2.87. LAZR’s price has ranged from $2.52 to $32.70 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 4.83% over the last five years. Meanwhile, its annual earnings per share averaged 52.25%. With a float of $43.57 million, this company’s outstanding shares have now reached $49.56 million.
The firm has a total of 580 workers. Let’s measure their productivity. In terms of profitability, gross margin is -31.83%, operating margin of -520.42%, and the pretax margin is -312.77%.
Luminar Technologies Inc (LAZR) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Parts Industry. The insider ownership of Luminar Technologies Inc is 12.08%, while institutional ownership is 22.53%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 45.70% 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
Here are Luminar Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.66, a number that is poised to hit -1.18 in the next quarter and is forecasted to reach -2.52 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 2.86 million was better than the volume posted last year of 2.58 million. As of the previous 9 days, the stock’s Stochastic %D was 61.64%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 3.99%, which indicates a significant decrease from 20.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 62.48% in the past 14 days, which was lower than the 121.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.60, while its 200-day Moving Average is $7.21. Now, the first resistance to watch is $2.88. This is followed by the second major resistance level at $3.00. The third major resistance level sits at $3.07. If the price goes on to break the first support level at $2.69, it is likely to go to the next support level at $2.62. Should the price break the second support level, the third support level stands at $2.50.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
With a market capitalization of 136.78 million, the company has a total of 46,879K Shares Outstanding. Currently, annual sales are 75,400 K while annual income is -273,140 K. The company’s previous quarter sales were 18,890 K while its latest quarter income was -80,690 K.
