Intuitive Machines Inc (LUNR) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 0.74.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for LUNR is 54.96M, and currently, short sellers hold a 31.64% ratio of that floaft. The average trading volume of LUNR on November 26, 2024 was 18.93M shares.

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LUNR) stock’s latest price update

Intuitive Machines Inc (NASDAQ: LUNR) has seen a decline in its stock price by -2.91 in relation to its previous close of 15.12. However, the company has experienced a 25.68% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-21 that NEW YORK, Nov. 21, 2024 /PRNewswire/ — Levi & Korsinsky announces that it has commenced an investigation of Intuitive Machines Inc (NASDAQ: LUNR) concerning possible breaches of fiduciary duty. If you have been a shareholder of LUNR since at least January 29, 2024, and currently hold shares, you can obtain additional information here: https://zlk.com/compensation2/intuitive-machines-inc-lawsuit-submission-form or contact Joseph E.

LUNR’s Market Performance

Intuitive Machines Inc (LUNR) has seen a 25.68% rise in stock performance for the week, with a 83.73% gain in the past month and a 200.82% surge in the past quarter. The volatility ratio for the week is 16.13%, and the volatility levels for the past 30 days are at 13.73% for LUNR. The simple moving average for the past 20 days is 39.26% for LUNR’s stock, with a 143.51% 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 64.33% 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 -5.59% of loss for the given period.

Volatility was left at 13.73%, however, over the last 30 days, the volatility rate increased by 16.13%, as shares surge +78.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +156.64% upper at present.

During the last 5 trading sessions, LUNR rose by +25.68%, which changed the moving average for the period of 200-days by +194.19% in comparison to the 20-day moving average, which settled at $10.54. In addition, Intuitive Machines Inc saw 474.56% 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 Kamal Seyed, who sale 1,637,883 shares at the price of $11.90 back on Nov 18 ’24. After this action, Ghaffarian Kamal Seyed now owns 3,494,768 shares of Intuitive Machines Inc, valued at $19,486,222 using the latest closing price.

Ghaffarian Enterprises LLC, the Affiliate of Intuitive Machines Inc, proposed sale 2,015,856 shares at $12.27 during a trade that took place back on Nov 18 ’24, which means that Ghaffarian Enterprises LLC is holding shares at $24,734,553 based on the most recent closing price.

Stock Fundamentals for LUNR

Current profitability levels for the company are sitting at:

  • -0.26 for the present operating margin
  • 0.01 for the gross margin

The net margin for Intuitive Machines Inc stands at -0.62. The total capital return value is set at -0.4.

Currently, EBITDA for the company is 48.46 million with net debt to EBITDA at 0.34. When we switch over and look at the enterprise to sales, we see a ratio of 9.93. The receivables turnover for the company is 3.97for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.

Conclusion

In a nutshell, Intuitive Machines Inc (LUNR) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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