Lilium N.V (LILM) Shares Plummet Below 1-Year High

The stock of Lilium N.V (NASDAQ: LILM) has decreased by -5.88 when compared to last closing price of 0.97. Despite this, the company has experienced a -3.60% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-07-21 that FARNBOROUGH, United Kingdom, July 21, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced the next phase of its “POWER-ON” Aftermarket Services portfolio, providing a suite of digital solutions to ensure efficient and seamless operation of the Lilium Jet.

Is It Worth Investing in Lilium N.V (NASDAQ: LILM) Right Now?

The 36-month beta value for LILM is at 1.89. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for LILM is 320.79M, and currently, shorts hold a 7.22% of that float. The average trading volume for LILM on July 23, 2024 was 4.11M shares.

LILM’s Market Performance

The stock of Lilium N.V (LILM) has seen a -3.60% decrease in the past week, with a 21.45% rise in the past month, and a 2.24% gain in the past quarter. The volatility ratio for the week is 8.08%, and the volatility levels for the past 30 days are at 6.89% for LILM. The simple moving average for the past 20 days is 4.54% for LILM’s stock, with a -1.68% simple moving average for the past 200 days.

Analysts’ Opinion of LILM

Many brokerage firms have already submitted their reports for LILM stocks, with Cantor Fitzgerald repeating the rating for LILM by listing it as a “Overweight.” The predicted price for LILM in the upcoming period, according to Cantor Fitzgerald is $2 based on the research report published on July 19, 2024 of the current year 2024.

B. Riley Securities, on the other hand, stated in their research note that they expect to see LILM reach a price target of $3. The rating they have provided for LILM stocks is “Buy” according to the report published on August 01st, 2023.

Canaccord Genuity gave a rating of “Buy” to LILM, setting the target price at $3 in the report published on July 17th of the previous year.

LILM Trading at -2.12% from the 50-Day Moving Average

After a stumble in the market that brought LILM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.46% of loss for the given period.

Volatility was left at 6.89%, however, over the last 30 days, the volatility rate increased by 8.08%, as shares surge +14.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.50% lower at present.

During the last 5 trading sessions, LILM fell by -3.60%, which changed the moving average for the period of 200-days by +37.55% in comparison to the 20-day moving average, which settled at $0.8763. In addition, Lilium N.V saw -22.88% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for LILM

Equity return is now at value -325.80, with -127.36 for asset returns.

Based on Lilium N.V (LILM), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at -20.16.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.

Conclusion

In conclusion, Lilium N.V (LILM) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.

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