The stock of AEye Inc (NASDAQ:LIDR) last traded at $1.29, up 6.61% from the previous session.
LIDR stock price is now 0.95% away from the 50-day moving average and -14.84% away from the 200-day moving average. The market capitalization of the company currently stands at $19.14M.
With the price target of $15, DA Davidson recently initiated with Buy rating for AEye Inc (NASDAQ: LIDR). On October 25, 2021, ROTH Capital recently initiated its ‘Buy’ rating on the stock quoting a target price of $15, while ‘Guggenheim’ rates the stock as ‘Buy’
In other news, Dussan Luis, Director sold 6,000 shares of the company’s stock on Jan 07 ’25. The stock was sold for $22,885 at an average price of $3.81. Upon completion of the transaction, the Director now directly owns 33,000 shares in the company, valued at $42570.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 07 ’25, Director Dussan Luis bought 6,000 shares of the business’s stock. A total of $13,980 was incurred on buying the stock at an average price of $2.33. A total of 16.51% of the company’s stock is owned by insiders.
During the past 12 months, AEye Inc has had a low of $0.78 and a high of $5.15. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 2.26, and a quick ratio of 2.24. The fifty day moving average price for LIDR is $1.27362 and a two-hundred day moving average price translates $1.514925 for the stock.
The latest earnings results from AEye Inc (NASDAQ: LIDR) was released for 2024-06-30. The net profit margin was -24308.44% and return on equity was -160.28% for LIDR. The company reported revenue of $0.1 million for the quarter, compared to $0.19 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -44.68 percent.
