There’s Something Awry at Lilium N.V. (NASDAQ:LILM) Since Share Price Gets Ahead of Fundamentals

The stock of Lilium N.V. (NASDAQ:LILM) last traded at $0.90, down -5.01% from the previous session.

Data from the available sources indicates that Lilium N.V. (NASDAQ:LILM) is covered by 7 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $1.00, we find $3.00. Given the previous closing price of $0.95, this indicates a potential upside of 215.79 percent. LILM stock price is now -23.02% away from the 50-day moving average and -17.05% away from the 200-day moving average. The market capitalization of the company currently stands at $498.00M.

In total, 3 analysts have assigned it a hold rating, and 3 have given it a buy rating. Brokers who have rated the stock have averaged $2.82 as their price target over the next twelve months.

With the price target of $3, B. Riley Securities recently initiated with Buy rating for Lilium N.V. (NASDAQ: LILM).

A total of 54.30% 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 $14,517,000. DNB ASSET MANAGEMENT AS invested $145,000 in shares of LILM during the first quarter. In the first quarter, BAYESIAN CAPITAL MANAGEMENT, LP acquired a new stake in Lilium N.V. valued at approximately $53,000. VERITION FUND MANAGEMENT LLC acquired a new stake in LILM for approximately $29,000. JOURNEY ADVISORY GROUP, LLC purchased a new stake in LILM valued at around $27,000 in the second quarter. In total, there are 66 active investors with 12.30% ownership of the company’s stock.

With an opening price of $0.9504 on Wednesday morning, Lilium N.V. (NASDAQ: LILM) set off the trading day. During the past 12 months, Lilium N.V. has had a low of $0.37 and a high of $2.37. 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 $1.1544 and a two-hundred day moving average price translates $1.0824 for the stock.

The latest earnings results from Lilium N.V. (NASDAQ: LILM) was released for Jun, 2023.

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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