Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Luminar Technologies Inc’s current trading price is -78.66% away from its 52-week high, while its distance from the 52-week low is 41.30%. The stock’s price range over this period has fluctuated between $1.21 and $8.01. The company, operating within the financial sector, had a trading volume of approximately 1.84 million for the day, which was noticeably lower than the average daily share volume of 8.49 million over the last 3 months.
Luminar Technologies Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $8.01 on 08/01/23, while the lowest value for the same period was recorded at $1.21 on 04/18/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Luminar Technologies Inc (LAZR) has experienced a quarterly rise of 30.51% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 761.88M and boasts a workforce of 800 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6780, with a change in price of -0.7850. Similarly, Luminar Technologies Inc recorded 8,438,333 in trading volume during the last 100 days, posting a change of -31.40%.
LAZR Stock Stochastic Average
Today, Luminar Technologies Inc’s raw stochastic average for the past 50 days stands at 47.75%, indicating a rise from the raw stochastic average of the last 20 days, which was 47.75%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 50.19% and 60.05% respectively.
LAZR Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -49.27% this year. Over the last six months, there has been a stronger performance of -22.64%. The price of LAZR fallen by 23.00% during the last 30 days period. For the last 5-days stocks have slided -12.99%.
