Now Is The Time To Build A Position In AEye Inc (NASDAQ:LIDR)

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AEye Inc (NASDAQ:LIDR)’s traded shares stood at 1.55 million during the last session, with the company’s beta value hitting 2.79. At the close of trading, the stock’s price was $0.94, to imply an increase of 7.50% or $0.06 in intraday trading. The LIDR share’s 52-week high remains $5.15, putting it -447.87% down since that peak but still an impressive 17.02% since price per share fell to its 52-week low of $0.78. The company has a valuation of $17.19M, with an average of 1.15 million shares in intraday trading volume over the past 10 days and average of 3.12 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for AEye Inc (LIDR), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give LIDR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 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.

AEye Inc (NASDAQ:LIDR) trade information

After registering a 7.50% upside in the last session, AEye Inc (LIDR) has traded red over the past five days. The 5-day price performance for the stock is 0.37%, and -59.46% over 30 days. With these gigs, the year-to-date price performance is -25.63%. Short interest in AEye Inc (NASDAQ:LIDR) saw shorts transact 0.2 million shares and set a 1.97 days time to cover.

The extremes give us $12 and $12 for target low and target high price respectively. As such, LIDR has been trading -1176.6% off suggested target high and -1176.6% from its likely low.

LIDR Dividends

AEye Inc has its next earnings report out in March. 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.

AEye Inc (NASDAQ:LIDR)’s Major holders

AEye Inc insiders hold 8.60% of total outstanding shares, with institutional holders owning 21.70% of the shares at 23.74% float percentage. In total, 21.70% institutions holds shares in the company, led by GENERAL MOTORS HOLDINGS LLC. As of 2024-06-30, the company held over 0.47 million shares (or 7.3795% of shares), all amounting to roughly $0.91 million.