In terms of market performance, Luminar Technologies Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $8.32 on 07/13/23, while the lowest value was $1.63 on 03/25/24.
52-week price history of LAZR Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Luminar Technologies Inc’s current trading price is -77.40% away from its 52-week high, while its distance from the 52-week low is 15.34%. The stock’s price range for this period has remained between $1.63 and $8.32. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 6.1 million for the day, which was noticeably lower compared to the shares’ average daily volume of 7.81 million over the last three months.
Financial Performance and Market Capitalization
Luminar Technologies Inc (LAZR) has experienced a quarterly decline of -42.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 793.15M 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 2.55, with a change in price of -1.30. Similarly, Luminar Technologies Inc recorded 8,117,445 in trading volume during the last 100 days, posting a change of -40.88%.
LAZR Stock Stochastic Average
As of today, the raw stochastic average of Luminar Technologies Inc over the last 50 days is at 17.67%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 43.10%. Further, the company’s Stochastic %K and %D values for the last 20 days were 57.10% and 58.06%, respectively.
LAZR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price decrease of -44.21%. However, over the past six months, we’ve seen a stronger performance of -55.76%. The price of LAZR leaped by -9.18% over the last 30 days. And in the last five days, it has fallen by -10.48%.
