Luminar Technologies Inc (NASDAQ:LAZR) shares, rose in value on Wednesday, July 09, with the stock price down by -2.32% to the previous day’s close as strong demand from buyers drove the stock to $2.95.
Actively observing the price movement in the last trading, the stock closed the session at $3.02, falling within a range of $2.91 and $3.14. The value of beta (5-year monthly) was 2.006. Referring to stock’s 52-week performance, its high was $32.70, and the low was $2.52. On the whole, LAZR has fluctuated by -12.46% over the past month.
With the market capitalization of Luminar Technologies Inc currently standing at about $146.19 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-14.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LAZR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LAZR currently trading nearly 0.86% and -16.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.72, while the 7-day volatility ratio is showing 7.25% which for the 30-day chart, stands at 6.70%. Furthermore, Luminar Technologies Inc (LAZR)’s beta value is 1.95.
A comparison of Luminar Technologies Inc (LAZR) with its peers suggests the former has fared considerably weaker in the market. LAZR showed an intraday change of -2.32% in last session, and over the past year, it shrunk by -45.17%%.
Data on historical trading for Luminar Technologies Inc (NASDAQ:LAZR) indicates that the trading volumes over the past 10 days have averaged 2.88 and over the past 3 months, they’ve averaged 2.42 million. According to company’s latest data on outstanding shares, there are 49.56 million shares outstanding.
Nearly 12.17% of Luminar Technologies Inc’s shares belong to company insiders and institutional investors own 22.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.0 million shares as on 2025-06-13, resulting in a short ratio of 3.74. According to the data, the short interest in Luminar Technologies Inc (LAZR) stood at 2265.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 8.61 million. The stock has fallen by -87.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LAZR stock heading into the next quarter.
