The stock of Lilium N.V (NASDAQ: LILM) has decreased by -0.70 when compared to last closing price of 0.74.Despite this, the company has seen a loss of -7.20% in its stock price over the last five trading days. globenewswire.com reported 2024-10-01 that MUNICH, Oct. 01, 2024 (GLOBE NEWSWIRE) — Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), has completed the first systems power-on milestone of its revolutionary all-electric Lilium Jet. The successful test procedure on the first in-production Lilium Jet, MSN 1, represents a significant achievement on the path to first flight and certification. This test confirms that the aircraft is being built in accordance with Lilium’s platform design and the flight systems are functioning correctly.
Is It Worth Investing in Lilium N.V (NASDAQ: LILM) Right Now?
Additionally, the 36-month beta value for LILM is 1.88. There are mixed opinions on the stock, with 4 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 7.50% ratio of that float. The average trading volume of LILM on October 14, 2024 was 3.47M shares.
LILM’s Market Performance
LILM’s stock has seen a -7.20% decrease for the week, with a -6.01% drop in the past month and a -22.34% fall in the past quarter. The volatility ratio for the week is 10.60%, and the volatility levels for the past 30 days are at 7.32% for Lilium N.V The simple moving average for the last 20 days is -4.44% for LILM’s stock, with a simple moving average of -17.65% for the last 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 -3.18% 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 -48.01% of loss for the given period.
Volatility was left at 7.32%, however, over the last 30 days, the volatility rate increased by 10.60%, as shares sank -6.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.42% lower at present.
During the last 5 trading sessions, LILM fell by -7.20%, which changed the moving average for the period of 200-days by -43.17% in comparison to the 20-day moving average, which settled at $0.7672. In addition, Lilium N.V saw -37.87% 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 26.58. Equity return is now at value -325.80, with -34.87 for asset returns.
Currently, EBITDA for the company is -264.7 million with net debt to EBITDA at 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
In conclusion, Lilium N.V (LILM) has seen bad performance in recent times. Analysts have a bullish 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.
