Intuitive Machines Inc (NASDAQ: LUNR) is 106.65% 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 $5.20 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $5.28, the stock is 18.87% and 28.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.43 million and changing 1.54% at the moment leaves the stock 19.95% off its SMA200. LUNR registered 7.98% gain for a year compared to 6-month loss of -0.38%.
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The stock witnessed a 58.08% gain in the last 1 month and extending the period to 3 months gives it a 7.76%, and is 8.20% up 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 12.29% over the week and 11.81% over the month.
Intuitive Machines Inc (LUNR) has around 382 employees, a market worth around $332.22M and $157.77M in sales. Profit margin for the company is -24.96%. Distance from 52-week low is 152.70% and -60.15% from its 52-week high.
The EPS is expected to shrink by -167.07% this year
114.0 institutions hold shares in Intuitive Machines Inc (LUNR), with institutional investors hold 35.67% of the company’s shares. The shares outstanding are 62.92M, and float is at 52.44M with Short Float at 19.98%. Institutions hold 31.25% of the Float.
Intuitive Machines Inc (LUNR) Insider Activity
The most recent transaction is an insider sale by Ghaffarian Kamal Seyed, the company’s Director. SEC filings show that Ghaffarian Kamal Seyed sold 1,200 shares of the company’s common stock on Aug 30 ’24 at a price of $6.00 per share for a total of $7200.0. Following the sale, the insider now owns 3.55 million shares.
Intuitive Machines Inc disclosed in a document filed with the SEC on Aug 30 ’24 that Altemus Stephen J (Chief Executive Officer) sold a total of 214 shares of the company’s common stock. The trade occurred on Aug 30 ’24 and was made at $6.00 per share for $1284.0. Following the transaction, the insider now directly holds 0.91 million shares of the LUNR stock.
Still, SEC filings show that on Aug 30 ’24, Crain Timothy Price II (SVP and Chief Growth Officer) disposed off 418 shares at an average price of $6.00 for $2508.0. The insider now directly holds 362,810 shares of Intuitive Machines Inc (LUNR).
