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 -83.91% away from its 52-week high, while its distance from the 52-week low is 24.85%. The stock’s price range over this period has fluctuated between $4.93 and $38.25. The company, operating within the financial sector, had a trading volume of approximately 1.57 million for the day, which was noticeably lower than the average daily share volume of 2.62 million over the last 3 months.
Luminar Technologies Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $38.25 on 02/27/24 and a low of $4.93 for the same time frame on 12/24/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Luminar Technologies Inc (LAZR) has experienced a quarterly decline of -52.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 204.94M 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 9.19, with a change in price of -7.62. Similarly, Luminar Technologies Inc recorded 2,609,112 in trading volume during the last 100 days, posting a change of -55.32%.
LAZR Stock Stochastic Average
Today’s raw stochastic average for Luminar Technologies Inc over the last 50 days is 22.39%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 43.83%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 66.74% and 75.09%, respectively.
LAZR Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 14.41% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -58.60%. Over the past 30 days, the price of LAZR has leaped by -1.68%. And in the last five days, it has fallen by -6.74%.
