Is Lilium N.V. [LILM] a good investment? Don’t be fooled by its recent momentum

The price of Lilium N.V. (NASDAQ:LILM) shares last traded on Wall Street fell -4.52% to $1.69.

Based on available information, 4 analysts follow Lilium N.V. (NASDAQ:LILM). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $1.20, we find $3.60. Given the previous closing price of $1.77, this indicates a potential upside of 103.39 percent. LILM stock price is now 57.02% away from the 50-day moving average and 35.29% away from the 200-day moving average. The market capitalization of the company currently stands at $717.13M.

Among analysts, 3 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $3.60 as their price target over the next twelve months.

With the price target of $1.20, Canaccord Genuity recently initiated with Hold rating for Lilium N.V. (NASDAQ: LILM).

A total of 63.55% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in LILM stock. A new stake in Lilium N.V. shares was purchased by B. RILEY SECURITIES, INC. during the first quarter worth $27,260,000. HRT FINANCIAL LP invested $1,571,000 in shares of LILM during the first quarter. In the first quarter, ERGOTELES LLC acquired a new stake in Lilium N.V. valued at approximately $1,499,000. BALYASNY ASSET MANAGEMENT L.P. acquired a new stake in LILM for approximately $544,000. D. E. SHAW & CO., INC. purchased a new stake in LILM valued at around $454,000 in the second quarter.

A candlestick chart of Lilium N.V. (NASDAQ: LILM) showed a price of $1.7400 on Thursday morning. During the past 12 months, Lilium N.V. has had a low of $0.37 and a high of $3.25. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.90, and a quick ratio of 3.90. The fifty day moving average price for LILM is $1.1017 and a two-hundred day moving average price translates $1.2466 for the stock.

The latest earnings results from Lilium N.V. (NASDAQ: LILM) was released for Dec, 2022.

Lilium N.V.(LILM) Company Profile

Lilium N.V., a transportation company, engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. Lilium N.V. was incorporated in 2015 and is headquartered in Wessling, Germany.

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