Luminar Technologies Inc. (NASDAQ: LAZR) is -7.82% lower on its value in year-to-date trading and has touched a low of $9.45 and a high of $47.80 in the current 52-week trading range. The LAZR stock was last observed hovering at around $34.00 in the last trading session, with the day’s loss setting it -2.66% off its average median price target of $37.00 for the next 12 months. It is also 23.56% off the consensus price target high of $41.00 offered by 3 analysts, but current levels are -4.47% lower than the price target low of $30.00 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Currently trading at $31.34, the stock is -1.86% and 59.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.14 million and changing -7.82% at the moment leaves the stock 141.94% off its SMA200. LAZR registered 207.25% gain for a year compared to 6-month gain of 190.19%. The firm has a 50-day simple moving average (SMA 50) of $25.05 and a 200-day simple moving average (SMA200) of $14.21.
The stock witnessed a 74.11% loss in the last 1 month and extending the period to 3 months gives it a 188.05%, and is -5.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.37% over the week and 17.42% over the month.
Luminar Technologies Inc. (LAZR) has around 3 employees, a market worth around $10.79B and $17.32M in sales. Distance from 52-week low is 231.64% and -34.44% from its 52-week high.
Luminar Technologies Inc. (LAZR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Luminar Technologies Inc. (LAZR) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Luminar Technologies Inc. quarterly earnings per share for the current quarter are estimated at -$0.07 with sales reaching $3.9M over the same period..
Luminar Technologies Inc. (LAZR) Top Institutional Holders
94 institutions hold shares in Luminar Technologies Inc. (LAZR), with 99.02M shares held by insiders accounting for 30.57% while institutional investors hold 16.49% of the company’s shares. The shares outstanding are 218.82M, and float is at 203.94M with Short Float at 3.46%. Institutions hold 11.45% of the Float.