How Could You Make A Quick Recovery From Intuitive Machines Inc (NASDAQ: LUNR) Given A 10.65% Jump From Highs?

During the last session, Intuitive Machines Inc (NASDAQ:LUNR)’s traded shares were 35.53 million, with the beta value of the company hitting 0.52. At the end of the trading day, the stock’s price was $13.99, reflecting an intraday gain of 15.95% or $1.92. The 52-week high for the LUNR share is $14.90, that puts it down -6.5 from that peak though still a striking 85.06% gain since the share price plummeted to a 52-week low of $2.09. The company’s market capitalization is $1.97B, and the average intraday trading volume over the past 10 days was 28.72 million shares, and the average trade volume was 18.49 million shares over the past three months.

Intuitive Machines Inc (LUNR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.17. LUNR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.

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Intuitive Machines Inc (NASDAQ:LUNR) trade information

Intuitive Machines Inc (LUNR) registered a 15.95% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 15.95% in intraday trading to $13.99, hitting a weekly high. The stock’s 5-day price performance is 36.80%, and it has moved by 73.42% in 30 days. Based on these gigs, the overall price performance for the year is 382.59%. The short interest in Intuitive Machines Inc (NASDAQ:LUNR) is 17.39 million shares and it means that shorts have 1.72 day(s) to cover.

The consensus price target of analysts on Wall Street is $11, which implies a decrease of -27.18% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $12.5 respectively. As a result, LUNR is trading at a premium of 10.65% off the target high and 28.52% off the low.

Intuitive Machines Inc (LUNR) estimates and forecasts

Statistics show that Intuitive Machines Inc has underperformed its competitors in share price, compared to the industry in which it operates. Intuitive Machines Inc (LUNR) shares have gone up 182.16% during the last six months, with a year-to-date growth rate less than the industry average at -209.46% against 12.70.

While earnings are projected to return -192.89% in 2024.

LUNR Dividends

Intuitive Machines Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders

Intuitive Machines Inc insiders own 10.79% of total outstanding shares while institutional holders control 34.91%, with the float percentage being 39.14%.