Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of Intuitive Machines Inc (NASDAQ: LUNR) closed at $5.50 in the last session, up 6.59% from day before closing price of $5.16. In other words, the price has increased by $6.59 from its previous closing price. On the day, 2.36 million shares were traded. LUNR stock price reached its highest trading level at $5.55 during the session, while it also had its lowest trading level at $5.14.
Ratios:
We take a closer look at LUNR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 0.38.
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, Cantor Fitzgerald on May 19, 2023, initiated with a Overweight rating and assigned the stock a target price of $11.
On March 10, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $20.
On February 27, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $35.Canaccord Genuity initiated its Buy rating on February 27, 2023, with a $35 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 22 ’24 when SHANON GUY sold 123,717 shares for $8.99 per share. The transaction valued at 1,111,956 led to the insider holds 1,302,673 shares of the business.
SHANON GUY sold 236,283 shares of LUNR for $2,959,137 on Feb 21 ’24. The 10% Owner now owns 1,426,390 shares after completing the transaction at $12.52 per share.
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 280940544 and an Enterprise Value of 505963104. As of this moment, Intuitive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.35, and their Forward P/E ratio for the next fiscal year is 12.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.53. Its current Enterprise Value per Revenue stands at 6.363 whereas that against EBITDA is -9.388.
Stock Price History:
Over the past 52 weeks, LUNR has reached a high of $13.25, while it has fallen to a 52-week low of $2.09. The 50-Day Moving Average of the stock is -7.98%, while the 200-Day Moving Average is calculated to be 15.93%.
Shares Statistics:
According to the various share statistics, LUNR traded on average about 10.14M shares per day over the past 3-months and 2193840 shares per day over the past 10 days. A total of 51.08M shares are outstanding, with a floating share count of 42.37M. Insiders hold about 17.05% of the company’s shares, while institutions hold 10.14% stake in the company. Shares short for LUNR as of 1711584000 were 3768256 with a Short Ratio of 0.37, compared to 1709164800 on 4675633. Therefore, it implies a Short% of Shares Outstanding of 3768256 and a Short% of Float of 49.11.
