Intuitive Machines Inc (NASDAQ:LUNR) shares traded 6.18% higher at $13.57 on Wall Street last session.
LUNR stock price is now 24.55% away from the 50-day moving average and 105.08% away from the 200-day moving average. The market capitalization of the company currently stands at $2.16B.
With the price target of $8, B. Riley Securities recently initiated with Buy rating for Intuitive Machines Inc (NASDAQ: LUNR). On May 19, 2023, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $11, while ‘ROTH MKM’ rates the stock as ‘Buy’
In other news, Vontur Steven, insider sold 946 shares of the company’s stock on Dec 17 ’24. The stock was sold for $12,298 at an average price of $13.00. Upon completion of the transaction, the insider now directly owns 115,336 shares in the company, valued at $1.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Director Ghaffarian Kamal Seyed sold 377,973 shares of the business’s stock. A total of $4,566,612 was realized by selling the stock at an average price of $12.08. This leaves the insider owning 3,494,768 shares of the company worth $47.42 million. A total of 9.85% of the company’s stock is owned by insiders.
During the past 12 months, Intuitive Machines Inc has had a low of $2.09 and a high of $17.14. The fifty day moving average price for LUNR is $10.8949 and a two-hundred day moving average price translates $6.616775 for the stock.
The latest earnings results from Intuitive Machines Inc (NASDAQ: LUNR) was released for 2024-06-30. The company reported revenue of $58.48 million for the quarter, compared to $12.73 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 359.34 percent.
