During the last session, Luminar Technologies Inc (NASDAQ:LAZR)’s traded shares were 5.8 million, with the beta value of the company hitting 1.53. At the end of the trading day, the stock’s price was $1.43, reflecting an intraday loss of -2.05% or -$0.03. The 52-week high for the LAZR share is $8.32, that puts it down -481.82 from that peak though still a striking 15.38% gain since the share price plummeted to a 52-week low of $1.21. The company’s market capitalization is $603.30M, and the average trade volume was 7.83 million shares over the past three months.
Luminar Technologies Inc (NASDAQ:LAZR) trade information
Luminar Technologies Inc (LAZR) registered a -2.05% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.05% in intraday trading to $1.43, hitting a weekly high. The stock’s 5-day price performance is 14.40%, and it has moved by -15.38% in 30 days. Based on these gigs, the overall price performance for the year is -74.51%.
Luminar Technologies Inc (LAZR) estimates and forecasts
Statistics show that Luminar Technologies Inc has outperformed its competitors in share price, compared to the industry in which it operates. Luminar Technologies Inc (LAZR) shares have gone down -61.56% during the last six months, with a year-to-date growth rate more than the industry average at 24.14% against 12.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 16.70% this quarter and then jump 9.50% in the quarter after that. In the rating firms’ projections, revenue will increase 64.70% compared to the previous financial year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -416.28%. While earnings are projected to return 20.43% in 2024, the next five years will return 43.50% per annum.
LAZR Dividends
Luminar Technologies Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
