Luminar Technologies Inc (NASDAQ:LAZR) currently has a daily average trading volume of 23.93M but it saw 56163101 shares traded in last market. With a market cap of 399.90M USD, the company’s current market price of $0.79 came falling about -2.94 while comparing to the previous closing price of $0.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.99 and as low as $0.73. In the recent trading on the day, stock has struck highest price mark of $0.7412 while lowest mark touched by it was $0.814.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Deutsche Bank which resumed the stock as “Hold” in its note to investors issued on September 10, 2024, recommending a price target of $1 for it. BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on April 10, 2024 while assigning a price target range of $3.50-$1.20. Deutsche Bank issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $11 and $4.
Over the week, LAZR’s stock price is moving -4.31% down while it is -11.21% when we observe its performance for the past one month. Year-to-date it is -76.56% down and over the past year, the stock is showing a downside performance of -78.76%.
Currently, Luminar Technologies Inc’s total number of outstanding shares is 506.20M. Company’s return on investment (ROI) stands at -173.27%. Stock’s beta reads 1.60. Stock has a price to sale or P/S ratio amounts to 5.23. Its return on asset (ROA) is -109.83% on average.
