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LUNR Stock Forecast: All the More Reason to Consider Intuitive Machines Inc (LUNR) Now

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Intuitive Machines Inc (NASDAQ: LUNR) is 39.73% 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 $3.61 in the last trading session, with the day’s loss setting it -0.04%.

Currently trading at $3.57, the stock is -18.69% and -28.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.34 million and changing -1.11% at the moment leaves the stock -16.23% off its SMA200. LUNR registered -57.80% loss for a year compared to 6-month gain of 39.45%.

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The stock witnessed a -28.02% loss in the last 1 month and extending the period to 3 months gives it a -41.95%, and is -4.55% 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 4.06% over the week and 4.52% over the month.

Intuitive Machines Inc (LUNR) has around 382 employees, a market worth around $191.78M and $134.35M in sales. Current P/E ratio is 12.86 and Fwd P/E is 29.75. Profit margin for the company is -21.33%. Distance from 52-week low is 70.86% and -73.06% from its 52-week high.

The EPS is expected to shrink by -172.15% this year.

Intuitive Machines Inc (LUNR) Top Institutional Holders

The shares outstanding are 53.72M, and float is at 44.90M with Short Float at 12.71%.

Intuitive Machines Inc (LUNR) Insider Activity

The most recent transaction is an insider sale by Vontur Steven,the company’sInterim CFO & Corp. Controller. SEC filings show that Vontur Steven sold 9,202 shares of the company’s common stock on Jun 14 ’24 at a price of $3.85 per share for a total of $35474.0. Following the sale, the insider now owns 0.13 million shares.

Intuitive Machines Inc disclosed in a document filed with the SEC on Jun 10 ’24 that Ghaffarian Kamal Seyed (Director) sold a total of 4,800,000 shares of the company’s common stock. The trade occurred on Jun 10 ’24 and was made at $4.00 per share for $19.2 million. Following the transaction, the insider now directly holds 3.55 million shares of the LUNR stock.

Still, SEC filings show that on Feb 22 ’24, SHANON GUY (10% Owner) disposed off 123,717 shares at an average price of $8.99 for $1.11 million. The insider now directly holds 1,302,673 shares of Intuitive Machines Inc (LUNR).

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