The stock price of Lilium N.V (NASDAQ: LILM) has dropped by -1.01 compared to previous close of 0.77. Despite this, the company has seen a fall of -3.07% in its stock price over the last five trading days. globenewswire.com reported 2024-08-21 that MUNICH, Aug. 21, 2024 (GLOBE NEWSWIRE) — Lilium (NASDAQ: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has successfully completed the first phase of integration testing of the Lilium Jet’s electrical power system at the company’s purpose-built laboratory. The test completion represents a key milestone on the path to flight conditions approval and type-certification of the revolutionary Lilium Jet. It means that, while the first two Lilium Jets take shape on the production line, engineers are already verifying the design of the aircraft’s core powertrain functionalities that will support certification according to EASA’s SC-VTOL rules.
Is It Worth Investing in Lilium N.V (NASDAQ: LILM) Right Now?
Additionally, the 36-month beta value for LILM is 1.89. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
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The public float for LILM is 384.18M and currently, short sellers hold a 6.41% ratio of that float. The average trading volume of LILM on August 26, 2024 was 4.12M shares.
LILM’s Market Performance
LILM’s stock has seen a -3.07% decrease for the week, with a -16.17% drop in the past month and a -14.30% fall in the past quarter. The volatility ratio for the week is 2.56%, and the volatility levels for the past 30 days are at 5.26% for Lilium N.V. The simple moving average for the past 20 days is -3.54% for LILM’s stock, with a -18.91% 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 -8.43% 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 -45.77% of loss for the given period.
Volatility was left at 5.26%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares sank -14.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.81% lower at present.
During the last 5 trading sessions, LILM fell by -2.51%, which changed the moving average for the period of 200-days by -12.21% in comparison to the 20-day moving average, which settled at $0.7864. In addition, Lilium N.V saw -35.19% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LILM
The total capital return value is set at -5.23. 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 -0.02.
Currently, EBITDA for the company is -257.66 million with net debt to EBITDA at 0.27. 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 seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
