The market performance of Luminar Technologies Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $8.73 on 07/13/23, with the lowest value for the same timeframe being $1.66, recorded on 03/18/24.
52-week price history of LAZR Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Luminar Technologies Inc’s current trading price is -79.54% away from its 52-week high, while its distance from the 52-week low is 7.37%. The stock’s price range during this period has fluctuated between $1.66 and $8.73. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 3.44 million for the day, which was evidently lower than the average daily volume of 7.79 million over the last three months.
Financial Performance and Market Capitalization
Luminar Technologies Inc (LAZR) has experienced a quarterly decline of -41.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 753.07M and boasts a workforce of 800 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.7716, with a change in price of -1.8675. Similarly, Luminar Technologies Inc recorded 7,848,353 in trading volume during the last 100 days, posting a change of -50.20%.
LAZR Stock Stochastic Average
The raw stochastic average for Luminar Technologies Inc over the last 50 days is presently at 10.10%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 21.39%. Further, the company’s Stochastic %K and %D values for the last 20 days were 9.39% and 6.00%, respectively.
LAZR 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. The metric has seen a significant loss of -47.03% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -65.07%. Over the past 30 days, the price of LAZR has leaped by -34.13%. And in the last five days, it has fallen by -7.51%.
