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How to buy Luna Innovations Incorporated (LUNA) stock

Learn how to easily invest in Luna Innovations Incorporated stock.

Luna Innovations Incorporated
NASDAQ: LUNA - USD
SCIENTIFIC & TECHNICAL INSTRUMENTS
$12.10
+$0.68 (+5.95%)

Luna Innovations Incorporated is a scientific & technical instruments business based in the US. Luna Innovations Incorporated shares (LUNA) are listed on the NASDAQ and all prices are listed in US Dollars. Luna Innovations Incorporated employs 412 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Luna Innovations Incorporated

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LUNA – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Luna Innovations Incorporated stock price (NASDAQ: LUNA)

Use our graph to track the performance of LUNA stocks over time.

Luna Innovations Incorporated shares at a glance

Information last updated 2021-07-22.
Latest market close$10.15
52-week range$5.52 - $13.05
50-day moving average $10.61
200-day moving average $10.97
Wall St. target price$12.81
PE ratio 88.4496
Dividend yield N/A (0%)
Earnings per share (TTM) $0.13

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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.

Is it a good time to buy Luna Innovations Incorporated stock?

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.

Luna Innovations Incorporated price performance over time

Historical closes compared with the close of $10.15 from 2021-05-28

1 week (2021-07-17) N/A
1 month (2021-06-28) -6.54%
3 months (2021-04-28) -14.92%
6 months (2021-01-24) N/A
1 year (2020-07-24) N/A
2 years (2019-07-24) N/A
3 years (2018-07-24) N/A
5 years (2016-07-24) N/A

Is Luna Innovations Incorporated under- or over-valued?

Valuing Luna Innovations Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Luna Innovations Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Luna Innovations Incorporated's P/E ratio

Luna Innovations Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 88x. In other words, Luna Innovations Incorporated shares trade at around 88x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Luna Innovations Incorporated's EBITDA

Luna Innovations Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $10.2 million.

The EBITDA is a measure of a Luna Innovations Incorporated's overall financial performance and is widely used to measure a its profitability.

Luna Innovations Incorporated financials

Revenue TTM $91.8 million
Operating margin TTM 7.24%
Gross profit TTM $42.2 million
Return on assets TTM 3.89%
Return on equity TTM 5.67%
Profit margin 4.45%
Book value $2.44
Market capitalisation $358.5 million

TTM: trailing 12 months

Shorting Luna Innovations Incorporated shares

There are currently 947,427 Luna Innovations Incorporated shares held short by investors – that's known as Luna Innovations Incorporated's "short interest". This figure is 10.8% down from 1.1 million last month.

There are a few different ways that this level of interest in shorting Luna Innovations Incorporated shares can be evaluated.

Luna Innovations Incorporated's "short interest ratio" (SIR)

Luna Innovations Incorporated's "short interest ratio" (SIR) is the quantity of Luna Innovations Incorporated shares currently shorted divided by the average quantity of Luna Innovations Incorporated shares traded daily (recently around 157904.5). Luna Innovations Incorporated's SIR currently stands at 6. In other words for every 100,000 Luna Innovations Incorporated shares traded daily on the market, roughly 6000 shares are currently held short.

However Luna Innovations Incorporated's short interest can also be evaluated against the total number of Luna Innovations Incorporated shares, or, against the total number of tradable Luna Innovations Incorporated shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Luna Innovations Incorporated's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Luna Innovations Incorporated shares in existence, roughly 30 shares are currently held short) or 0.0315% of the tradable shares (for every 100,000 tradable Luna Innovations Incorporated shares, roughly 32 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 Luna Innovations Incorporated.

Find out more about how you can short Luna Innovations Incorporated stock.

Luna Innovations Incorporated share dividends

We're not expecting Luna Innovations Incorporated to pay a dividend over the next 12 months.

Luna Innovations Incorporated share price volatility

Over the last 12 months, Luna Innovations Incorporated's shares have ranged in value from as little as $5.52 up to $13.05. A popular way to gauge a stock's volatility is its "beta".

LUNA.US volatility(beta: 1.05)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Luna Innovations Incorporated's is 1.0522. This would suggest that Luna Innovations Incorporated's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Luna Innovations Incorporated overview

Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. It operates through two segments, Lightwave and Luna Labs. The Lightwave segment offers test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and Hyperion sensing solution that enable full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg grating (FBG), long period FBGs and fabry-perot sensors with low-latency access to data for closed loop feedback applications. This segment also provides polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; Terametrix terahertz gauging and imaging products that provides precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; ODiSI sensing solution, which provides distributed strain and temperature measurements; and Hyperion sensing products that targets fiber optic sensing applications. The Luna Labs segment provides applied research for customers principally in the areas of sensing and materials, such as coatings, adhesives, composites, and bio-engineered materials. The company sells its products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.

Frequently asked questions

What percentage of Luna Innovations Incorporated is owned by insiders or institutions?
Currently 4.136% of Luna Innovations Incorporated shares are held by insiders and 55.097% by institutions.
How many people work for Luna Innovations Incorporated?
Latest data suggests 412 work at Luna Innovations Incorporated.
When does the fiscal year end for Luna Innovations Incorporated?
Luna Innovations Incorporated's fiscal year ends in December.
Where is Luna Innovations Incorporated based?
Luna Innovations Incorporated's address is: 301 1st Street, SW, Roanoke, VA, United States, 24011
What is Luna Innovations Incorporated's ISIN number?
Luna Innovations Incorporated's international securities identification number is: US5503511009
What is Luna Innovations Incorporated's CUSIP number?
Luna Innovations Incorporated's Committee on Uniform Securities Identification Procedures number is: 550351100

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