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After finishing at $1.78 in the prior trading day, AEye Inc (NASDAQ: LIDR) closed at $1.85, up 3.93%. In other words, the price has increased by $3.93 from its previous closing price. On the day, 0.14 million shares were traded. LIDR stock price reached its highest trading level at $1.9 during the session, while it also had its lowest trading level at $1.78.
Ratios:
Our goal is to gain a better understanding of LIDR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.41 and its Current Ratio is at 3.48. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on November 11, 2021, initiated with a Buy rating and assigned the stock a target price of $15.
On October 25, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $15.
On September 23, 2021, Guggenheim started tracking the stock assigning a Buy rating and target price of $14.Guggenheim initiated its Buy rating on September 23, 2021, with a $14 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 29 ’24 when Dussan Luis sold 7,440 shares for $4.18 per share. The transaction valued at 31,100 led to the insider holds 3,493 shares of the business.
Dussan Luis sold 50,000 shares of LIDR for $221,643 on May 28 ’24. The Director now owns 244,832 shares after completing the transaction at $4.43 per share. On May 21 ’24, another insider, Dussan Luis, who serves as the Director of the company, sold 89,881 shares for $2.88 each. As a result, the insider received 258,570 and left with 294,832 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LIDR now has a Market Capitalization of 13128576 and an Enterprise Value of -725786. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.54 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at -0.856 whereas that against EBITDA is 0.014.
Stock Price History:
The Beta on a monthly basis for LIDR is 2.98, which has changed by -0.6703499 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, LIDR has reached a high of $24.00, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -17.12%, while the 200-Day Moving Average is calculated to be -37.79%.
Shares Statistics:
The stock has traded on average 4.43M shares per day over the past 3-months and 190060 shares per day over the last 10 days, according to various share statistics. A total of 6.31M shares are outstanding, with a floating share count of 6.25M. Insiders hold about 22.49% of the company’s shares, while institutions hold 15.83% stake in the company. Shares short for LIDR as of 1718323200 were 159144 with a Short Ratio of 0.04, compared to 1715731200 on 1162089. Therefore, it implies a Short% of Shares Outstanding of 159144 and a Short% of Float of 2.4699999999999998.
