On Friday, Luminar Technologies Inc (NASDAQ: LAZR) was 12.90% up from the session before settling in for the closing price of $2.17. A 52-week range for LAZR has been $1.58 – $18.60.
It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 4.83%. When this article was written, the company’s average yearly earnings per share was at 51.76%. With a float of $57.26 million, this company’s outstanding shares have now reached $68.76 million.
Luminar Technologies Inc (LAZR) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Luminar Technologies Inc stocks. The insider ownership of Luminar Technologies Inc is 16.73%, while institutional ownership is 19.33%. 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
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -2.4 earnings per share (EPS) during the time that was less than consensus figure (set at -2.35) by -0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 41.45% 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
You can see what Luminar Technologies Inc (LAZR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.97, a number that is poised to hit -0.98 in the next quarter and is forecasted to reach -2.37 in one year’s time.
Technical Analysis of Luminar Technologies Inc (LAZR)
The latest stats from [Luminar Technologies Inc, LAZR] show that its last 5-days average volume of 6.5 million was superior to 3.23 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 53.41%.
During the past 100 days, Luminar Technologies Inc’s (LAZR) raw stochastic average was set at 26.85%, which indicates a significant decrease from 82.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.22 in the past 14 days, which was higher than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.24, while its 200-day Moving Average is $4.12. Now, the first resistance to watch is $2.63. This is followed by the second major resistance level at $2.81. The third major resistance level sits at $3.04. If the price goes on to break the first support level at $2.22, it is likely to go to the next support level at $1.99. The third support level lies at $1.81 if the price breaches the second support level.
Luminar Technologies Inc (NASDAQ: LAZR) Key Stats
There are 68,764K outstanding shares of the company, which has a market capitalization of 168.47 million. As of now, sales total 75,400 K while income totals -273,140 K. Its latest quarter income was 15,630 K while its last quarter net income were -22,900 K.
