A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. AEye Inc.’s current trading price is -84.93% away from its 52-week high, while its distance from the 52-week low is 38.36%. The stock’s price range for this time frame has been between $0.16 and $1.46. The trading volume of the company’s shares in the Technology reached around 2.01 million for the day, which was evidently lower than the average daily volume of 5.25 million over the last three months.
AEye Inc. (LIDR) currently has a stock price of $0.22. The stock saw a sharp increase in the last trading session, hitting a high of $0.2505 after opening at $0.2505. The lowest recorded price for the day was $0.22 before it closed at $0.24.
AEye Inc.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $1.46 on 09/22/22, and the lowest price during that time was $0.16, recorded on 05/19/23.
How Financial Performance Impacts Market Capitalization
AEye Inc. (LIDR) has experienced a quarterly decline of -4.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 44.40M and boasts a workforce of 160 employees.
Decoding Analysts’ Ratings for AEye Inc.
As of right now, 0 analyst is rating AEye Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2385, with a change in price of +0.0109. Similarly, AEye Inc. recorded 3,793,196 in trading volume during the last 100 days, posting a change of +5.21%.
How LIDR’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LIDR stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.00.
LIDR Stock Stochastic Average
AEye Inc.’s raw stochastic average for the past 50 days is currently at 6.45%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 0.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 16.08% and 15.53%, respectively.
LIDR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a loss of -54.22%.However, over the last six months, we can see a stronger performance of -50.73%. Over the last 30 days, the price of LIDR has leaped by -22.29%. And in the last five days, it has fallen by -10.13%.