In the past week, LUNA stock has gone up by 20.78%, with a monthly decline of -1.06% and a quarterly plunge of -14.68%. The volatility ratio for the week is 7.93%, and the volatility levels for the last 30 days are 8.63% for Luna Innovations Inc. The simple moving average for the past 20 days is 7.10% for LUNA’s stock, with a -25.97% simple moving average for the past 200 days.
Is It Worth Investing in Luna Innovations Inc (NASDAQ: LUNA) Right Now?
The 36-month beta value for LUNA is also noteworthy at 1.62. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LUNA is 31.34M, and at present, short sellers hold a 5.31% of that float. The average trading volume of LUNA on December 26, 2024 was 170.88K shares.
LUNA) stock’s latest price update
Luna Innovations Inc (NASDAQ: LUNA)’s stock price has gone rise by 14.81 in comparison to its previous close of 1.62, however, the company has experienced a 20.78% increase in its stock price over the last five trading days. accesswire.com reported 2024-12-26 that NEW YORK CITY, NY / ACCESSWIRE / December 26, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Luna Innovations Incorporated (“Luna” or “the Company”) (NASDAQ:LUNA). Investors who purchased Luna securities prior to May 16, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LUNA.
Analysts’ Opinion of LUNA
Many brokerage firms have already submitted their reports for LUNA stocks, with Stifel repeating the rating for LUNA by listing it as a “Buy.” The predicted price for LUNA in the upcoming period, according to Stifel is $12.50 based on the research report published on July 28, 2023 of the previous year 2023.
Needham, on the other hand, stated in their research note that they expect to see LUNA reach a price target of $10. The rating they have provided for LUNA stocks is “Buy” according to the report published on May 22nd, 2023.
Northland Capital gave a rating of “Market Perform” to LUNA, setting the target price at $8 in the report published on March 15th of the previous year.
LUNA Trading at 8.71% from the 50-Day Moving Average
After a stumble in the market that brought LUNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.52% of loss for the given period.
Volatility was left at 8.63%, however, over the last 30 days, the volatility rate increased by 7.93%. Over the last 50 days, in opposition, the stock is trading +25.09% upper at present.
During the last 5 trading sessions, LUNA rose by +18.18%, which changed the moving average for the period of 200-days by -70.93% in comparison to the 20-day moving average, which settled at $1.7348. In addition, Luna Innovations Inc saw -72.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LUNA
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.58 for the gross margin
The net margin for Luna Innovations Inc stands at -0.02. The total capital return value is set at 0.01. Equity return is now at value -1.23, with -0.72 for asset returns.
Based on Luna Innovations Inc (LUNA), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 0.78.
Currently, EBITDA for the company is 3.8 million with net debt to EBITDA at 9.43. When we switch over and look at the enterprise to sales, we see a ratio of 1.64. The receivables turnover for the company is 1.28for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.86.
Conclusion
In summary, Luna Innovations Inc (LUNA) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
