Should Lilium N.V (NASDAQ: LILM) Rally After -161.11% Drop From High?

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Lilium N.V (NASDAQ:LILM)’s traded shares stood at 17.33 million during the last session, with the company’s beta value hitting 1.87. At the close of trading, the stock’s price was $0.54, to imply an increase of 13.79% or $0.06 in intraday trading. The LILM share’s 52-week high remains $1.41, putting it -161.11% down since that peak but still an impressive 14.81% since price per share fell to its 52-week low of $0.46. The company has a valuation of $344.76M, with an average of 13.69 million shares in intraday trading volume over the past 10 days and average of 4.28 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Lilium N.V (LILM), translating to a mean rating of 2.60. Of 12 analyst(s) looking at the stock, 0 analyst(s) give LILM a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 8 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.18.

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Lilium N.V (NASDAQ:LILM) trade information

After registering a 13.79% upside in the last session, Lilium N.V (LILM) has traded red over the past five days. The 5-day price performance for the stock is -25.62%, and -26.30% over 30 days. With these gigs, the year-to-date price performance is -53.91%. Short interest in Lilium N.V (NASDAQ:LILM) saw shorts transact 28.83 million shares and set a 9.76 days time to cover.

The extremes give us $0.7 and $5 for target low and target high price respectively. As such, LILM has been trading -825.93% off suggested target high and -29.63% from its likely low.

Lilium N.V (LILM) estimates and forecasts

Looking at statistics comparing Lilium N.V share performance against respective industry, we note that the company has outperformed competitors. Lilium N.V (LILM) shares are -39.61% down over the last 6 months, with its year-to-date growth rate higher than industry average at 20.78% against 6.60%.

LILM Dividends

Lilium N.V has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Lilium N.V insiders hold 35.19% of total outstanding shares, with institutional holders owning 4.53% of the shares at 6.99% float percentage. In total, 4.53% institutions holds shares in the company, led by B. RILEY FINANCIAL, INC.. As of 2024-06-30, the company held over 11.03 million shares (or 2.0146% of shares), all amounting to roughly $8.74 million.

The next major institution holding the largest number of shares is ALLIANZ ASSET MANAGEMENT GMBH with 2.51 million shares, or about 0.4582% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.99 million.