Daily Market Movement: Intuitive Machines Inc (LUNR) Sees a 7.53 Increase, Closing at 12.56

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The closing price of Intuitive Machines Inc (NASDAQ: LUNR) was $12.56 for the day, up 7.53% from the previous closing price of $11.68. In other words, the price has increased by $7.53 from its previous closing price. On the day, 30.71 million shares were traded. LUNR stock price reached its highest trading level at $13.66 during the session, while it also had its lowest trading level at $11.3.

Ratios:

Our analysis of LUNR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 1.72.

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, B. Riley Securities on June 28, 2024, initiated with a Buy rating and assigned the stock a target price of $8.

On May 19, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.

On March 10, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $20.ROTH MKM initiated its Buy rating on March 10, 2023, with a $20 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 18 ’24 when Ghaffarian Enterprises LLC bought 2,015,856 shares for $12.27 per share.

Altemus Stephen J sold 138,568 shares of LUNR for $1,538,728 on Nov 13 ’24. The Chief Executive Officer now owns 910,919 shares after completing the transaction at $11.10 per share. On Nov 13 ’24, another insider, Crain Timothy Price II, who serves as the SVP and Chief Growth Officer of the company, sold 400,000 shares for $12.10 each. As a result, the insider received 4,841,560 and left with 362,810 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, LUNR now has a Market Capitalization of 1015571520 and an Enterprise Value of 874165248. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.60. Its current Enterprise Value per Revenue stands at 5.541 whereas that against EBITDA is -14.544.

Stock Price History:

Over the past 52 weeks, LUNR has reached a high of $14.90, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is 51.70%, while the 200-Day Moving Average is calculated to be 115.48%.

Shares Statistics:

LUNR traded an average of 19.41M shares per day over the past three months and 25931320 shares per day over the past ten days. A total of 62.92M shares are outstanding, with a floating share count of 54.95M. Insiders hold about 12.67% of the company’s shares, while institutions hold 39.90% stake in the company. Shares short for LUNR as of 1730332800 were 17388965 with a Short Ratio of 0.90, compared to 1727654400 on 15243489. Therefore, it implies a Short% of Shares Outstanding of 17388965 and a Short% of Float of 32.549998.

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