AEye Inc (NASDAQ: LIDR) is 83.46% higher on its value in year-to-date trading and has touched a low of $0.78 and a high of $5.15 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 LIDR stock was last observed hovering at around $2.03 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $2.33, the stock is 69.54% and 94.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.52 million and changing 14.78% at the moment leaves the stock 54.67% off its SMA200. LIDR registered 25.27% gain for a year compared to 6-month loss of 37.87%. The firm has a 50-day simple moving average (SMA 50) of $1.17152 and a 200-day simple moving average (SMA200) of $1.502275.
The stock witnessed a 130.69% gain in the last 1 month and extending the period to 3 months gives it a 99.15%, and is 14.22% 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 36.55% over the week and 22.09% over the month.
AEye Inc (LIDR) has around 60 employees, a market worth around $24.41M and $0.23M in sales. Fwd P/E is 7.64. Profit margin for the company is -24308.44%. Distance from 52-week low is 198.72% and -54.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-350.85%).
The EPS is expected to grow by 98.09% this year.
AEye Inc (LIDR) Top Institutional Holders
30.0 institutions hold shares in AEye Inc (LIDR), with institutional investors hold 23.74% of the company’s shares. The shares outstanding are 8.94M, and float is at 7.63M with Short Float at 3.32%. Institutions hold 21.70% of the Float.
The top institutional shareholder in the company is GENERAL MOTORS HOLDINGS LLC with over 0.47 million shares valued at $0.91 million. The investor’s holdings represent 7.3795% of the LIDR Shares outstanding.
AEye Inc (LIDR) Insider Activity
The most recent transaction is an insider sale by Dussan Luis,the company’sDirector. SEC filings show that Dussan Luis sold 7,440 shares of the company’s common stock on May 29 ’24 at a price of $4.18 per share for a total of $31100.0. Following the sale, the insider now owns 3493.0 shares.
AEye Inc disclosed in a document filed with the SEC on May 28 ’24 that Dussan Luis (Director) sold a total of 50,000 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $4.43 per share for $0.22 million. Following the transaction, the insider now directly holds 0.24 million shares of the LIDR stock.
Still, SEC filings show that on May 21 ’24, Dussan Luis (Director) disposed off 89,881 shares at an average price of $2.88 for $0.26 million. The insider now directly holds 294,832 shares of AEye Inc (LIDR).
