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Intuitive Machines Inc (LUNR) Stock Could Soon Reward Patient Investors

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Intuitive Machines Inc (NASDAQ: LUNR) is 216.24% 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 $7.82 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $8.08, the stock is 3.15% and 34.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.45 million and changing 3.32% at the moment leaves the stock 60.64% off its SMA200. LUNR registered 120.16% gain for a year compared to 6-month gain of 60.32%. The firm has a 50-day simple moving average (SMA 50) of $6.0167 and a 200-day simple moving average (SMA200) of $5.02995.

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The stock witnessed a 41.26% loss in the last 1 month and extending the period to 3 months gives it a 92.38%, and is 9.34% 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 8.14% over the week and 10.58% over the month.

Intuitive Machines Inc (LUNR) has around 382 employees, a market worth around $508.39M and $157.77M in sales. Profit margin for the company is -24.96%. Distance from 52-week low is 286.71% and -39.02% from its 52-week high.

The EPS is expected to shrink by -167.07% this year.

Intuitive Machines Inc (LUNR) Top Institutional Holders

118.0 institutions hold shares in Intuitive Machines Inc (LUNR), with institutional investors hold 34.72% of the company’s shares. The shares outstanding are 62.92M, and float is at 54.95M with Short Float at 27.74%. Institutions hold 30.94% 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 125,991 shares of the company’s common stock on Oct 07 ’24 at a price of $7.43 per share for a total of $0.94 million. Following the sale, the insider now owns 3.49 million shares.

Intuitive Machines Inc disclosed in a document filed with the SEC on Oct 08 ’24 that Ghaffarian Kamal Seyed (Director) sold a total of 33,080 shares of the company’s common stock. The trade occurred on Oct 08 ’24 and was made at $8.00 per share for $0.26 million. Following the transaction, the insider now directly holds 3.49 million shares of the LUNR stock.

Still, SEC filings show that on Sep 23 ’24, Ghaffarian Kamal Seyed (Director) disposed off 1,007,928 shares at an average price of $8.31 for $8.38 million. The insider now directly holds 3,494,768 shares of Intuitive Machines Inc (LUNR).

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