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Intuitive Machines Inc (LUNR) Is Now En Route to Higher Prices

Intuitive Machines Inc (NASDAQ: LUNR) is 123.09% higher on its value in year-to-date trading and has touched a low of $2.09 and a high of $13.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LUNR stock was last observed hovering at around $6.07 in the last trading session, with the day’s loss setting it -0.37%.

Currently trading at $5.70, the stock is 4.49% and 2.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.95 million and changing -6.10% at the moment leaves the stock 26.48% off its SMA200. LUNR registered -30.06% loss for a year compared to 6-month gain of 100.00%.

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The stock witnessed a 17.28% loss in the last 1 month and extending the period to 3 months gives it a 10.68%, and is -1.04% 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 5.43% over the week and 6.33% over the month.

Intuitive Machines Inc (LUNR) has around 382 employees, a market worth around $306.20M and $79.52M in sales. Current P/E ratio is 2.44 and Fwd P/E is 9.05. Profit margin for the company is 76.03%. Distance from 52-week low is 172.81% and -56.98% from its 52-week high.

with sales reaching $55.9M over the same period.The EPS is expected to shrink by -89.96% this year, but quarterly earnings will post 236.90% year-over-year. Quarterly sales are estimated to grow 206.50% in year-over-year returns.

Intuitive Machines Inc (LUNR) Top Institutional Holders

The shares outstanding are 53.72M, and float is at 44.56M with Short Float at 6.55%.

Intuitive Machines Inc (LUNR) Insider Activity

The most recent transaction is an insider sale by SHANON GUY,the company’s10% Owner. SEC filings show that SHANON GUY sold 123,717 shares of the company’s common stock on Feb 22 ’24 at a price of $8.99 per share for a total of $1.11 million. Following the sale, the insider now owns 1.3 million shares.

Intuitive Machines Inc disclosed in a document filed with the SEC on Feb 21 ’24 that SHANON GUY (10% Owner) sold a total of 236,283 shares of the company’s common stock. The trade occurred on Feb 21 ’24 and was made at $12.52 per share for $2.96 million. Following the transaction, the insider now directly holds 1.43 million shares of the LUNR stock.

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