The stock of Luminar Technologies Inc (LAZR) has gone down by -19.68% for the week, with a 9.29% rise in the past month and a -51.17% drop in the past quarter. The volatility ratio for the week is 12.42%, and the volatility levels for the past 30 days are 13.54% for LAZR. The simple moving average for the last 20 days is -7.92% for LAZR stock, with a simple moving average of -63.37% for the last 200 days.
Is It Worth Investing in Luminar Technologies Inc (NASDAQ: LAZR) Right Now?
The stock has a 36-month beta value of 1.63. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for LAZR is 26.03M, and at present, short sellers hold a 23.13% of that float. On January 23, 2025, the average trading volume of LAZR was 3.04M shares.
LAZR) stock’s latest price update
Luminar Technologies Inc (NASDAQ: LAZR) has seen a decline in its stock price by -4.15 in relation to its previous close of 6.26. However, the company has experienced a -19.68% decline in its stock price over the last five trading sessions. fool.com reported 2025-01-19 that Imagine a future where self-driving cars solve day-to-day issues like long commutes, traffic jams, and roadway dangers. Before that future can become a reality, companies need to build systems that will allow self-driving vehicles to fully operate.
Analysts’ Opinion of LAZR
Many brokerage firms have already submitted their reports for LAZR stocks, with Deutsche Bank repeating the rating for LAZR by listing it as a “Hold.” The predicted price for LAZR in the upcoming period, according to Deutsche Bank is $1 based on the research report published on September 10, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see LAZR reach a price target of $1.20, previously predicting the price at $3.50. The rating they have provided for LAZR stocks is “Underperform” according to the report published on April 10th, 2024.
Deutsche Bank gave a rating of “Hold” to LAZR, setting the target price at $4 in the report published on January 17th of the previous year.
LAZR Trading at -28.42% from the 50-Day Moving Average
After a stumble in the market that brought LAZR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.86% of loss for the given period.
Volatility was left at 13.54%, however, over the last 30 days, the volatility rate increased by 12.42%, as shares surge +12.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.21% lower at present.
During the last 5 trading sessions, LAZR fell by -19.86%, which changed the moving average for the period of 200-days by -80.04% in comparison to the 20-day moving average, which settled at $6.52. In addition, Luminar Technologies Inc saw 11.52% 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 LAZR starting from Heng Jun Hong, who sale 72,842 shares at the price of $5.10 back on Dec 23 ’24. After this action, Heng Jun Hong now owns 0 shares of Luminar Technologies Inc, valued at $371,254 using the latest closing price.
Jun Hong Heng, the Director of Luminar Technologies Inc, proposed sale 72,842 shares at $5.29 during a trade that took place back on Dec 23 ’24, which means that Jun Hong Heng is holding shares at $385,334 based on the most recent closing price.
Stock Fundamentals for LAZR
Current profitability levels for the company are sitting at:
- -6.7 for the present operating margin
- -0.8 for the gross margin
The net margin for Luminar Technologies Inc stands at -5.03. The total capital return value is set at -1.59. Equity return is now at value 178.10, with -78.90 for asset returns.
Based on Luminar Technologies Inc (LAZR), the company’s capital structure generated 1.79 points at debt to capital in total, while cash flow to debt ratio is standing at -0.46. The debt to equity ratio resting at -2.26. The interest coverage ratio of the stock is -25.44.
Currently, EBITDA for the company is -530.39 million with net debt to EBITDA at -1.46. When we switch over and look at the enterprise to sales, we see a ratio of 8.91. The receivables turnover for the company is 2.31for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.00.
Conclusion
To sum up, Luminar Technologies Inc (LAZR) 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.
