Luminar Technologies Inc (NASDAQ: LAZR) on Monday, plunged -60.82% from the previous trading day, before settling in for the closing price of $0.9. Within the past 52 weeks, LAZR’s price has moved between $0.78 and $10.40.
Annual sales at Consumer Cyclical sector company grew by 4.83% over the past five years. The company achieved an average annual earnings per share of 54.38%. With a float of $65.44 million, this company’s outstanding shares have now reached $71.04 million.
Luminar Technologies Inc (LAZR) Insider Updates
Observing investor behavior towards Auto Parts industry stocks is more important than anything else. The insider ownership of Luminar Technologies Inc is 15.95%, 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) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -1.42 earnings per share (EPS) for the period topping the consensus outlook (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
Luminar Technologies Inc (LAZR) is currently performing well based on its current performance indicators. A quick ratio of 1.69 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36.
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)
Luminar Technologies Inc (NASDAQ: LAZR) saw its 5-day average volume 15.66 million, a positive change from its year-to-date volume of 4.55 million. As of the previous 9 days, the stock’s Stochastic %D was 27.72%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 1.61%, which indicates a significant decrease from 6.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1483 in the past 14 days, which was lower than the 0.1901 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3770, while its 200-day Moving Average is $2.9415. Nevertheless, the first resistance level for the watch stands at $0.7337 in the near term. At $1.1150, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.3318.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
Market capitalization of the company is 27.45 million based on 77,859K outstanding shares. Right now, sales total 75,400 K and income totals -273,140 K. The company made 18,750 K in profit during its latest quarter, and -85,850 K in sales during its previous quarter.
