Market Recap: Lilium N.V (LILM)’s Positive Momentum, Closing at 0.83

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The closing price of Lilium N.V (NASDAQ: LILM) was $0.83 for the day, up 4.49% from the previous closing price of $0.79. In other words, the price has increased by $4.49 from its previous closing price. On the day, 3.64 million shares were traded. LILM stock price reached its highest trading level at $0.8475 during the session, while it also had its lowest trading level at $0.7834.

Ratios:

Our analysis of LILM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.22.

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 August 01, 2023, initiated with a Buy rating and assigned the stock a target price of $3.

On July 17, 2023, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $1.20 to $3.

Canaccord Genuity Upgraded its Hold to Buy on July 14, 2023, whereas the target price for the stock was revised from $1.20 to $3.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LILM now has a Market Capitalization of 498502176 and an Enterprise Value of 258487536.

Stock Price History:

Over the past 52 weeks, LILM has reached a high of $1.85, while it has fallen to a 52-week low of $0.60. The 50-Day Moving Average of the stock is -12.09%, while the 200-Day Moving Average is calculated to be -10.00%.

Shares Statistics:

LILM traded an average of 3.12M shares per day over the past three months and 3066320 shares per day over the past ten days. A total of 503.47M shares are outstanding, with a floating share count of 309.29M. Insiders hold about 47.88% of the company’s shares, while institutions hold 2.08% stake in the company. Shares short for LILM as of 1718323200 were 22707992 with a Short Ratio of 7.27, compared to 1715731200 on 18578364. Therefore, it implies a Short% of Shares Outstanding of 22707992 and a Short% of Float of 6.39.

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