Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Luminar Technologies Inc (NASDAQ: LAZR) closed at $2.76M up 4920067% from its previous closing price of $2.89. In other words, the price has increased by $4920067 from its previous closing price. On the day, 4.92 million shares were traded. LAZR stock price reached its highest trading level at $2.9201 during the session, while it also had its lowest trading level at $2.71.
Ratios:
For a deeper understanding of Luminar Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.83.
BofA Securities Downgraded its Neutral to Underperform on April 10, 2024, whereas the target price for the stock was revised from $3.50 to $1.20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 23 ’24 when Heng Jun Hong sold 72,842 shares for $5.10 per share. The transaction valued at 371,254 led to the insider holds 0 shares of the business.
Jun Hong Heng bought 72,842 shares of LAZR for $385,334 on Dec 23 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAZR now has a Market Capitalization of 134300560 and an Enterprise Value of 507130624. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83. Its current Enterprise Value per Revenue stands at 6.917 whereas that against EBITDA is -1.477.
Stock Price History:
The Beta on a monthly basis for LAZR is 2.01, which has changed by -0.8666667 over the last 52 weeks, in comparison to a change of 0.09544468 over the same period for the S&P500. Over the past 52 weeks, LAZR has reached a high of $32.70, while it has fallen to a 52-week low of $2.78. The 50-Day Moving Average of the stock is -28.30%, while the 200-Day Moving Average is calculated to be -64.19%.
Shares Statistics:
For the past three months, LAZR has traded an average of 2.76M shares per day and 3391380 over the past ten days. A total of 49.56M shares are outstanding, with a floating share count of 43.57M. Insiders hold about 12.08% of the company’s shares, while institutions hold 25.76% stake in the company. Shares short for LAZR as of 1748563200 were 8903296 with a Short Ratio of 3.22, compared to 1745971200 on 8021925. Therefore, it implies a Short% of Shares Outstanding of 8903296 and a Short% of Float of 21.180001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
