The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -60.30%. However, over the past six months, we’ve seen a stronger performance of -59.32%. The price of LUNA leaped by -40.67% over the last 30 days. And in the last five days, it has fallen by -8.01%.
The market performance of Luna Innovations Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $10.70 on 06/20/23, while the lowest value for the same duration was $2.36 on 04/15/24.
52-week price history of LUNA Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Luna Innovations Inc’s current trading price is -75.32% away from its 52-week high, while its distance from the 52-week low is 11.86%. The stock’s price range during this period has varied between$2.36 and $10.70. The Luna Innovations Inc’s shares, which operate in the Technology, saw a trading volume of around 0.67 million for the day, a figure considerably higher than their average daily volume of 0.37 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Luna Innovations Inc (LUNA) has experienced a quarterly decline of -61.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 89.65M.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.97, with a change in price of -3.17. Similarly, Luna Innovations Inc recorded 299,325 in trading volume during the last 100 days, posting a change of -54.56%.
LUNA’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for LUNA stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.37.
LUNA Stock Stochastic Average
As of today, Luna Innovations Inc’s raw stochastic average for the last 50 days stands at 5.04%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 15.82%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 6.85% and 4.46%, respectively.
