Lilium N.V (LILM) Shares Rise Despite Market Challenges

Lilium N.V (NASDAQ: LILM)’s stock price has gone rise by 4.13 in comparison to its previous close of 0.78, however, the company has experienced a 7.24% increase in its stock price over the last five trading days. globenewswire.com reported 2024-09-12 that MUNICH, Sept. 12, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (Nasdaq: LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced changes to its Board of Directors, subject to approval at the upcoming extraordinary general meeting of shareholders (EGM) on Wednesday, September 18, 2024. The company intends to appoint Philippe Balducchi as a non-executive member of the Board, while Barry Engle and Henri Courpron, who have served as non-executive directors, do not plan to stand for re-appointment following the completion of their terms.

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

The stock has a 36-month beta value of 1.84. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 1 as “sell.”

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The public float for LILM is 384.18M, and at present, short sellers hold a 6.83% of that float. On September 17, 2024, the average trading volume of LILM was 3.78M shares.

LILM’s Market Performance

LILM’s stock has seen a 7.24% increase for the week, with a 5.75% rise in the past month and a 3.80% gain in the past quarter. The volatility ratio for the week is 6.82%, and the volatility levels for the past 30 days are at 5.12% for Lilium N.V The simple moving average for the past 20 days is 10.22% for LILM’s stock, with a -12.56% 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 0.05% 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 -42.20% of loss for the given period.

Volatility was left at 5.12%, however, over the last 30 days, the volatility rate increased by 6.82%, as shares surge +3.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.46% lower at present.

During the last 5 trading sessions, LILM rose by +7.54%, which changed the moving average for the period of 200-days by -26.37% in comparison to the 20-day moving average, which settled at $0.7408. In addition, Lilium N.V saw -30.93% 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

To sum up, Lilium N.V (LILM) has seen a mixed 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.

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