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Automotive AI company Luminar went public this week via a SPAC offering with Gores Metropoulos. Here's what we know and how investors can buy in.
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| Latest market close | $16.18 |
|---|---|
| 52-week range | $9.95 - $47.80 |
| 50-day moving average | $16.10 |
| 200-day moving average | $19.20 |
| Wall St. target price | $28.63 |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-1.77 |
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $16.18 from 2021-10-25
| 1 week (2021-10-19) | 2.99% |
|---|---|
| 1 month (2021-09-24) | -3.86% |
| 3 months (2021-07-26) | -8.74% |
| 6 months (2021-04-26) | -36.57% |
| 1 year (2020-10-26) | 59.57% |
|---|---|
| 2 years (2019-10-23) | 58.63% |
| 3 years (2018-10-22) | N/A |
| 5 years (2016-10-22) | N/A |
| Revenue TTM | $18.3 million |
|---|---|
| Gross profit TTM | $-11,001,000 |
| Return on assets TTM | -23.22% |
| Return on equity TTM | -145.97% |
| Profit margin | 0% |
| Book value | $1.60 |
| Market capitalisation | $5.6 billion |
TTM: trailing 12 months
There are currently 22.0 million Luminar Technologies shares held short by investors – that's known as Luminar Technologies's "short interest". This figure is 0.2% up from 21.9 million last month.
There are a few different ways that this level of interest in shorting Luminar Technologies shares can be evaluated.
Luminar Technologies's "short interest ratio" (SIR) is the quantity of Luminar Technologies shares currently shorted divided by the average quantity of Luminar Technologies shares traded daily (recently around 2.6 million). Luminar Technologies's SIR currently stands at 8.62. In other words for every 100,000 Luminar Technologies shares traded daily on the market, roughly 8620 shares are currently held short.
To gain some more context, you can compare Luminar Technologies's short interest ratio against those of similar companies.
However Luminar Technologies's short interest can also be evaluated against the total number of Luminar Technologies shares, or, against the total number of tradable Luminar Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Luminar Technologies's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Luminar Technologies shares in existence, roughly 60 shares are currently held short) or 0.1007% of the tradable shares (for every 100,000 tradable Luminar Technologies shares, roughly 101 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Luminar Technologies.
Find out more about how you can short Luminar Technologies stock.
We're not expecting Luminar Technologies to pay a dividend over the next 12 months.
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Luminar Technologies, Inc. operates as a vehicle sensor and software company for passenger cars and commercial trucks. The company operates in two segments, Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment designs, manufactures, and sells lidar sensors, and related perception and autonomy software solutions for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and other related industries. The Other Component Sales segment engages in the designing, testing, and consulting of non-standard integrated circuits for government agencies and defense contractors. The company was founded in 2012 and is headquartered in Orlando, Florida. .
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