Luminar Technologies Inc (NASDAQ:LAZR) currently has a daily average trading volume of 2.40M but it saw 2524210 shares traded in last market. With a market cap of 144.21M USD, the company’s current market price of $2.91 came rising about 2.11 while comparing to the previous closing price of $2.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.70 and as low as $2.52. In the recent trading on the day, stock has struck highest price mark of $2.7601 while lowest mark touched by it was $2.94.
BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $3.50 and $1.20.
Over the week, LAZR’s stock price is moving -1.36% down while it is -1.85% when we observe its performance for the past one month. Year-to-date it is -89.87% down and over the past year, the stock is showing a downside performance of -45.91%.
The company is expected to be releasing its next quarterly report on 2025-May-14, for which analysts forecasted an EPS of -1.18 while estimate for next year EPS is -4.41. In next quarter, company is expected to be making quarterly sales of $22.28M as analysts are expecting the sales for current fiscal year at $86.29M and seeing the company making $112.26M in sales next year. Moreover, analysts are in estimates of $17.27M for current-quarter revenue.
Currently, Luminar Technologies Inc’s total number of outstanding shares is 49.56M with 1.74% of that held by the insiders while 30.57% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -92.49%. Stock’s beta reads 1.96. Stock has a price to sale or P/S ratio amounts to 1.97. Its return on asset (ROA) is -57.94% on average.
