AEye Inc (NASDAQ: LIDR)’s stock price has gone decline by -19.11 in comparison to its previous close of 1.57, however, the company has experienced a -14.77% decrease in its stock price over the last five trading days. Seeking Alpha reported 2024-03-26 that AEye, Inc. (LIDR) Q4 2023 Earnings Call Transcript
Is It Worth Investing in AEye Inc (NASDAQ: LIDR) Right Now?
Moreover, the 36-month beta value for LIDR is 2.23. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for LIDR is 5.09M and currently, short sellers hold a 4.76% of that float. On March 28, 2024, LIDR’s average trading volume was 411.11K shares.
LIDR’s Market Performance
LIDR’s stock has seen a -14.77% decrease for the week, with a -17.53% drop in the past month and a -42.79% fall in the past quarter. The volatility ratio for the week is 28.20%, and the volatility levels for the past 30 days are at 19.53% for AEye Inc The simple moving average for the past 20 days is -12.95% for LIDR’s stock, with a -74.24% simple moving average for the past 200 days.
Analysts’ Opinion of LIDR
Many brokerage firms have already submitted their reports for LIDR stocks, with DA Davidson repeating the rating for LIDR by listing it as a “Buy.” The predicted price for LIDR in the upcoming period, according to DA Davidson is $15 based on the research report published on November 11, 2021 of the previous year 2021.
ROTH Capital, on the other hand, stated in their research note that they expect to see LIDR reach a price target of $15. The rating they have provided for LIDR stocks is “Buy” according to the report published on October 25th, 2021.
Guggenheim gave a rating of “Buy” to LIDR, setting the target price at $14 in the report published on September 23rd of the previous year.
LIDR Trading at -8.33% from the 50-Day Moving Average
After a stumble in the market that brought LIDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.71% of loss for the given period.
Volatility was left at 19.53%, however, over the last 30 days, the volatility rate increased by 28.20%, as shares sank -18.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.22% lower at present.
During the last 5 trading sessions, LIDR fell by -14.77%, which changed the moving average for the period of 200-days by -77.51% in comparison to the 20-day moving average, which settled at $1.4445. In addition, AEye Inc saw -44.54% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LIDR starting from Dussan Luis, who sale 32,778 shares at the price of $0.15 back on Dec 01 ’23. After this action, Dussan Luis now owns 16,344,985 shares of AEye Inc, valued at $4,946 using the latest closing price.
Dussan Luis, the Director of AEye Inc, sale 64,109 shares at $0.15 during a trade that took place back on Nov 30 ’23, which means that Dussan Luis is holding 16,377,763 shares at $9,886 based on the most recent closing price.
Stock Fundamentals for LIDR
Current profitability levels for the company are sitting at:
- -59.92 for the present operating margin
- -9.46 for the gross margin
The net margin for AEye Inc stands at -59.51. The total capital return value is set at -1.98. Equity return is now at value -141.68, with -92.86 for asset returns.
Based on AEye Inc (LIDR), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at -4.42. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is -393.4.
Currently, EBITDA for the company is -87.78 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 4.02. The receivables turnover for the company is 11.18for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.96.
Conclusion
To wrap up, the performance of AEye Inc (LIDR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
