Is Lilium N.V (NASDAQ: LILM) Still A Buy After A -0.85% Weekly Drop?

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During the last session, Lilium N.V (NASDAQ:LILM)’s traded shares were 7.29 million, with the beta value of the company hitting 1.91. At the end of the trading day, the stock’s price was $0.97, reflecting an intraday loss of -1.04% or -$0.01. The 52-week high for the LILM share is $1.46, that puts it down -50.52 from that peak though still a striking 38.14% gain since the share price plummeted to a 52-week low of $0.60. The company’s market capitalization is $573.76M, and the average intraday trading volume over the past 10 days was 7.12 million shares, and the average trade volume was 4.00 million shares over the past three months.

Lilium N.V (LILM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.43. LILM has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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Lilium N.V (NASDAQ:LILM) trade information

Lilium N.V (LILM) registered a -1.04% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.04% in intraday trading to $0.97, hitting a weekly high. The stock’s 5-day price performance is -0.85%, and it has moved by 28.38% in 30 days. Based on these gigs, the overall price performance for the year is -27.31%. The short interest in Lilium N.V (NASDAQ:LILM) is 23.17 million shares and it means that shorts have 6.83 day(s) to cover.

The extremes of the forecast give a target low and a target high price of $2 and $5 respectively. As a result, LILM is trading at a discount of -415.46% off the target high and -106.19% off the low.

Lilium N.V (LILM) estimates and forecasts

Statistics show that Lilium N.V has outperformed its competitors in share price, compared to the industry in which it operates. Lilium N.V (LILM) shares have gone up 17.43% during the last six months, with a year-to-date growth rate more than the industry average at 11.69% against 6.70.

While earnings are projected to return 13.65% in 2024.

LILM Dividends

Lilium N.V is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Lilium N.V (NASDAQ:LILM)’s Major holders

Lilium N.V insiders own 43.76% of total outstanding shares while institutional holders control 2.07% , with the float percentage being 3.67% . ALLIANZ ASSET MANAGEMENT GMBH is the largest shareholder of the company, while 64 institutions own stock in it. As of 2024-03-31, the company held over 2.51 million shares (or 0.4582% of all shares), a total value of $2.41 million in shares.

The next largest institutional holding, with 1.94 million shares, is of AWM INVESTMENT COMPANY, INC.’s that is approximately 0.3542% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $1.86 million.

Also, the Mutual Funds coming in first place with the largest holdings of Lilium N.V (LILM) shares are Fidelity NASDAQ Composite Index ETF and Fidelity NASDAQ Composite Index Fund . Data provided on May 31, 2024 indicates that Fidelity NASDAQ Composite Index ETF owns about 391.72 shares. This amounts to just over 0.07 percent of the company’s overall shares, with a $0.38 million market value. The same data shows that the other fund manager holds slightly less at 306.83, or about 0.05% of the stock, which is worth about $0.3 million.