Lilium N.V (LILM): Choosing The Technical Investor Route

Lilium N.V (NASDAQ:LILM) does about 3.23M shares in volume on a normal day but saw 3413238 shares change hands in Monday trading. The company now has a market cap of 502.42M USD. Its current market price is $0.85, marking a decrease of -1.29% compared to the previous close of $0.86. The 52 week high reached by this stock is $1.84 whilst the lowest price level in 52 weeks is $0.60.

Lilium N.V (LILM) has a 20-day trading average at $0.8077 and the current price is -53.99% off the 52-week high compared with 41.10% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9380 and its 200-day simple moving average is $0.9185. If we look at the stock’s price movements over the week, volatility stands at 5.56%, which increases to 5.77% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 49.88 to suggest the stock is neutral.

The consensus objective for the share price is $1.69, suggesting that the stock has a potential upside of 49.7% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 01, 2023 when B. Riley Securities initiated the stock to “Buy” and issued a price target of $3. Canaccord Genuity upgraded the stock to “Buy” from Hold on July 17, 2023 at a price target of $1.20-$3. Canaccord Genuity upgraded its price target at $1.20-$3.

Lilium N.V (LILM) stock is up 6.53% over the week and -0.41% over the past month. Its price is -28.25% year-to-date and -49.91% over the past year.

To reach the target analysts have set, the stock logically needs to grow 49.7 percent from here.

The company has a return on investment of -840.61% and return on equity of -325.80%. The beta has a value of 1.90. Price to book ratio is 10.89.