A Quick Glance At Luna Innovations Inc (NASDAQ: LUNA) Stock: It Is up 0.5% From Its 52-Week Low; YTD, It Is Down -70.08 Percent

During the last session, Luna Innovations Inc (NASDAQ:LUNA)’s traded shares were 0.81 million, with the beta value of the company hitting 1.40. The 52-week high for the LUNA share is $10.70, that puts it down -437.69 from that peak though still a striking 0.5% gain since the share price plummeted to a 52-week low of $1.98. The company’s market capitalization is $67.58M, and the average trade volume was 458.72K shares over the past three months.

Luna Innovations Inc (NASDAQ:LUNA) trade information

The stock’s 5-day price performance is -28.16%, and it has moved by -40.86% in 30 days. Based on these gigs, the overall price performance for the year is -67.69%.

Luna Innovations Inc (LUNA) estimates and forecasts

In the rating firms’ projections, revenue will increase 11.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 36.78M as predicted by 4 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 32.05M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 31.7M and 24.27M respectively. In this case, analysts expect current quarter sales to grow by 16.00% and then jump by 32.10% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 16.69%. While earnings are projected to return 35.38% in 2024.

LUNA Dividends

Luna Innovations 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.

Luna Innovations Inc (NASDAQ:LUNA)’s Major holders