In yesterday’s Wall Street session, Lilium N.V (NASDAQ:LILM) shares traded at $0.72, down -7.89% from the previous session.
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 $0.78, this indicates a potential upside of 284.62 percent. LILM stock price is now -33.59% away from the 50-day moving average and -32.37% away from the 200-day moving average. The market capitalization of the company currently stands at $291.96M.
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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 73.21% 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 $11,662,000. DNB ASSET MANAGEMENT AS invested $116,000 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 $42,000. VERITION FUND MANAGEMENT LLC acquired a new stake in LILM for approximately $23,000. JOURNEY ADVISORY GROUP, LLC purchased a new stake in LILM valued at around $22,000 in the second quarter. In total, there are 66 active investors with 2.04% ownership of the company’s stock.
Thursday morning saw Lilium N.V (NASDAQ: LILM) opened at $0.7900. During the past 12 months, Lilium N.V has had a low of $0.37 and a high of $2.37. The fifty day moving average price for LILM is $1.0885 and a two-hundred day moving average price translates $1.0689 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.
