Investors Are Waking Up To Intuitive Machines Inc (NASDAQ: LUNR) After Losing -56.90% Over The Past 12 Months

Intuitive Machines Inc (NASDAQ:LUNR) currently has a daily average trading volume of 2.61M but it saw 1389593 shares traded in last market. With a market cap of 192.85M USD, the company’s current market price of $3.59 came falling about -2.18 while comparing to the previous closing price of $3.67. 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. In the recent trading on the day, stock has struck highest price mark of $3.515 while lowest mark touched by it was $3.675.

Taking a look at 20-day trading activity of Intuitive Machines Inc (LUNR) gives us an average price of $3.87, while its current price level is -72.91% below from 52-week high level whereas it is 71.82% 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 $3.93 while that of 200 days or SMA-200 reads an average of $4.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.47% during that period while stretching the period over a month that decreases to 7.32%. 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 42.51 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 4.66% up while it is -20.22% when we observe its performance for the past one month. Year-to-date it is 40.51% up and over the past year, the stock is showing a downside performance of -56.90%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.29 beat the consensus estimate of -0.24 for the same. In next quarter, company is expected to be making quarterly sales of $59.45M as analysts are expecting the sales for current fiscal year at $227.95M and seeing the company making $379.84M in sales next year. Moreover, analysts are in estimates of $50.53M for current-quarter revenue.

Currently, Intuitive Machines Inc’s total number of outstanding shares is 53.72M with 14.50% of that held by the insiders while 31.64% of its common stock has been owned by the institutions. Stock’s beta reads 0.23. Stock has a price to sale or P/S ratio amounts to 1.22. Its return on asset (ROA) is -31.72% on average.