The stock has a 36-month beta value of 0.23. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LUNR is 53.97M, and at present, short sellers hold a 24.87% of that float. On September 16, 2024, the average trading volume of LUNR was 7.04M shares.
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LUNR) stock’s latest price update
Intuitive Machines Inc (NASDAQ: LUNR) has seen a rise in its stock price by 7.54 in relation to its previous close of 5.70. However, the company has experienced a 21.63% gain in its stock price over the last five trading sessions. fool.com reported 2024-09-14 that A decent balance sheet and some big contracts paint a picture of near-term success.
LUNR’s Market Performance
LUNR’s stock has risen by 21.63% in the past week, with a monthly rise of 70.75% and a quarterly rise of 52.11%. The volatility ratio for the week is 10.66% while the volatility levels for the last 30 days are 12.62% for Intuitive Machines Inc The simple moving average for the past 20 days is 20.49% for LUNR’s stock, with a 36.59% simple moving average for the past 200 days.
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 39.80% 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 -53.74% of loss for the given period.
Volatility was left at 12.62%, however, over the last 30 days, the volatility rate increased by 10.66%, as shares surge +50.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.95% upper at present.
During the last 5 trading sessions, LUNR rose by +21.63%, which changed the moving average for the period of 200-days by +107.80% in comparison to the 20-day moving average, which settled at $5.19. In addition, Intuitive Machines Inc saw 139.92% 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 Ghaffarian Enterprises LLC, who proposed sale 1,007,928 shares at the price of $5.65 back on Sep 12 ’24. After this action, Ghaffarian Enterprises LLC now owns shares of Intuitive Machines Inc, valued at $5,694,793 using the latest closing price.
Stephen J. Altemus, the Officer of Intuitive Machines Inc, proposed sale 750,000 shares at $5.65 during a trade that took place back on Sep 12 ’24, which means that Stephen J. Altemus is holding shares at $4,237,000 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 2.47. 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 sum up, Intuitive Machines Inc (LUNR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
