Intuitive Machines Inc (NASDAQ: LUNR) Recovers 100.54% From 52-Week Low, Is LUNR Still A High-Risk, High-Reward Play?

Intuitive Machines Inc (NASDAQ:LUNR) currently has a daily average trading volume of 2.54M but it saw 1227794 shares traded in last market. With a market cap of 225.09M USD, the company’s current market price of $4.19 came falling about -1.41 while comparing to the previous closing price of $4.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.25 and as low as $2.09.

Taking a look at 20-day trading activity of Intuitive Machines Inc (LUNR) gives us an average price of $3.93, while its current price level is -68.38% below from 52-week high level whereas it is 100.54% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $4.35 while that of 200 days or SMA-200 reads an average of $4.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.23% during that period while stretching the period over a month that increases to 7.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.17 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which initiated the stock as “Buy” in its note to investors issued on June 28, 2024, recommending a price target of $8 for it. ROTH MKM also issued its recommendations for the stock as it initiated the price target for the stock is $20.

Over the week, LUNR’s stock price is moving -0.24% down while it is 16.07% when we observe its performance for the past one month. Year-to-date it is 63.99% up and over the past year, the stock is showing a downside performance of -50.99%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.52 beat the consensus estimate of -0.26 for the same. In next quarter, company is expected to be making quarterly sales of $47.47M as analysts are expecting the sales for current fiscal year at $228.35M and seeing the company making $392.45M in sales next year. Moreover, analysts are in estimates of $46.6M for current-quarter revenue.

Currently, Intuitive Machines Inc’s total number of outstanding shares is 53.72M. It has a price to earnings ratio (P/E ratio) of 15.09 while having a 125.71 of forward P/E ratio. Stock’s beta reads 0.24. Stock has a price to sale or P/S ratio amounts to 1.68. Its return on asset (ROA) is -19.35% on average.