Intuitive Machines Inc (LUNR)’s Market Momentum: Closing Strong at 4.50, Up 3.93

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As of close of business last night, Intuitive Machines Inc’s stock clocked out at $4.50, up 3.93% from its previous closing price of $4.33. In other words, the price has increased by $3.93 from its previous closing price. On the day, 2.51 million shares were traded. LUNR stock price reached its highest trading level at $4.58 during the session, while it also had its lowest trading level at $4.36.

Ratios:

To gain a deeper understanding of LUNR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 03 ’24 when Crain Timothy Price II sold 6,011 shares for $4.00 per share. The transaction valued at 24,045 led to the insider holds 362,810 shares of the business.

Crain Timothy Price II sold 50,000 shares of LUNR for $168,195 on Jul 01 ’24. The SVP and Chief Growth Officer now owns 362,810 shares after completing the transaction at $3.36 per share. On Jun 14 ’24, another insider, Vontur Steven, who serves as the Interim CFO & Corp. Controller of the company, sold 9,202 shares for $3.85 each. As a result, the insider received 35,474 and left with 129,601 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 263355744 and an Enterprise Value of 673830528. As of this moment, Intuitive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.20, and their Forward P/E ratio for the next fiscal year is 135.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80. Its current Enterprise Value per Revenue stands at 5.015 whereas that against EBITDA is -14.902.

Stock Price History:

The Beta on a monthly basis for LUNR is 0.29, which has changed by -0.5076586 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. 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 -1.27%, while the 200-Day Moving Average is calculated to be 6.26%.

Shares Statistics:

It appears that LUNR traded 2.51M shares on average per day over the past three months and 3610650 shares per day over the past ten days. A total of 53.72M shares are outstanding, with a floating share count of 44.90M. Insiders hold about 16.43% of the company’s shares, while institutions hold 21.50% stake in the company. Shares short for LUNR as of 1719532800 were 6017530 with a Short Ratio of 2.40, compared to 1717113600 on 5705707. Therefore, it implies a Short% of Shares Outstanding of 6017530 and a Short% of Float of 19.8.

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