Intuitive Machines Inc (LUNR) Stock Sees a0.67 Increase

In the past week, LUNR stock has gone up by 12.91%, with a monthly gain of 0.92% and a quarterly plunge of -23.03%. The volatility ratio for the week is 8.49%, and the volatility levels for the last 30 days are 7.53% for Intuitive Machines Inc The simple moving average for the last 20 days is 5.50% for LUNR’s stock, with a simple moving average of -4.66% for the last 200 days.

Is It Worth Investing in Intuitive Machines Inc (NASDAQ: LUNR) Right Now?

Moreover, the 36-month beta value for LUNR is 0.21. 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.”

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The public float for LUNR is 44.90M and currently, short sellers hold a 22.68% of that float. On August 16, 2024, LUNR’s average trading volume was 2.60M shares.

LUNR) stock’s latest price update

Intuitive Machines Inc (NASDAQ: LUNR) has experienced a rise in its stock price by 0.67 compared to its previous closing price of 4.06. However, the company has seen a gain of 12.91% in its stock price over the last five trading days. investorplace.com reported 2024-08-14 that Aerospace and defense specialist Intuitive Machines (NASDAQ: LUNR ) – which designs, manufactures and operates space products and services – saw its shares slip on Tuesday. Following a mixed-earnings report for the second quarter, investors weren’t feeling the love for LUNR stock.

Analysts’ Opinion of LUNR

Many brokerage firms have already submitted their reports for LUNR stocks, with B. Riley Securities repeating the rating for LUNR by listing it as a “Buy.” The predicted price for LUNR in the upcoming period, according to B. Riley Securities is $8 based on the research report published on June 28, 2024 of the current year 2024.

Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see LUNR reach a price target of $11. The rating they have provided for LUNR stocks is “Overweight” according to the report published on May 19th, 2023.

ROTH MKM gave a rating of “Buy” to LUNR, setting the target price at $20 in the report published on March 10th of the previous year.

LUNR Trading at 4.56% from the 50-Day Moving Average

After a stumble in the market that brought LUNR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.15% of loss for the given period.

Volatility was left at 7.53%, however, over the last 30 days, the volatility rate increased by 8.49%, as shares sank -1.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.78% lower at present.

During the last 5 trading sessions, LUNR rose by +14.78%, which changed the moving average for the period of 200-days by +40.37% in comparison to the 20-day moving average, which settled at $3.87. In addition, Intuitive Machines Inc saw 59.97% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at LUNR starting from Crain Timothy Price II, who sale 143,989 shares at the price of $4.04 back on Jul 11 ’24. After this action, Crain Timothy Price II now owns 362,810 shares of Intuitive Machines Inc, valued at $581,312 using the latest closing price.

Crain Timothy Price II, the SVP and Chief Growth Officer of Intuitive Machines Inc, sale 74,423 shares at $3.93 during a trade that took place back on Aug 01 ’24, which means that Crain Timothy Price II is holding 362,810 shares at $292,728 based on the most recent closing price.

Stock Fundamentals for LUNR

Current profitability levels for the company are sitting at:

  • -0.39 for the present operating margin
  • -0.1 for the gross margin

The net margin for Intuitive Machines Inc stands at -0.24. The total capital return value is set at -1.12.

Based on Intuitive Machines Inc (LUNR), the company’s capital structure generated -0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -1.8. The debt to equity ratio resting at -0.16. The interest coverage ratio of the stock is -199.04.

Currently, EBITDA for the company is -22.7 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 3.14. The receivables turnover for the company is 3.99for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.

Conclusion

To wrap up, the performance of Intuitive Machines Inc (LUNR) has been mixed 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.

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