Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -50.45%. However, over the last six months, the performance has been stronger by -51.31%. The price of LAZR decreased -16.50% over the last 30 days. And in the last five days, it has surged by 14.38%.
Luminar Technologies Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $8.32 on 07/13/23, while the lowest price for the same period was registered at $1.21 on 04/18/24.
52-week price history of LAZR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Luminar Technologies Inc’s current trading price is -79.93% away from its 52-week high, while its distance from the 52-week low is 38.02%. The stock’s price range during this period has varied between$1.21 and $8.32. The Luminar Technologies Inc’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 10.5 million for the day, a figure considerably higher than their average daily volume of 7.76 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Luminar Technologies Inc (LAZR) has experienced a quarterly decline of -35.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 704.56M and boasts a workforce of 800 employees.
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 2.3154, with a change in price of -0.8000. Similarly, Luminar Technologies Inc recorded 8,033,340 in trading volume during the last 100 days, posting a change of -32.39%.
LAZR Stock Stochastic Average
As of today, Luminar Technologies Inc’s raw stochastic average for the last 50 days stands at 34.33%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 62.16%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 50.88% and 39.74%, respectively.
