The price of AEye Inc (NASDAQ:LIDR) shares last traded on Wall Street fell -3.49% to $2.49.
LIDR stock price is now 95.01% away from the 50-day moving average and -40.21% away from the 200-day moving average. The market capitalization of the company currently stands at $16.19M.
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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 32,778 shares of the company’s stock on Dec 01 ’23. The stock was sold for $4,946 at an average price of $0.15. Upon completion of the transaction, the Director now directly owns 16,344,985 shares in the company, valued at $40.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 30 ’23, Director Dussan Luis sold 64,109 shares of the business’s stock. A total of $9,886 was realized by selling the stock at an average price of $0.15. This leaves the insider owning 16,377,763 shares of the company worth $40.78 million. A total of 17.06% of the company’s stock is owned by insiders.
During the past 12 months, AEye Inc has had a low of $0.92 and a high of $24.00. As of last week, the company has a debt-to-equity ratio of 0.60, a current ratio of 3.96, and a quick ratio of 3.90.
The net profit margin was -5951.23% and return on equity was -141.68% for LIDR. The company reported revenue of $69000.0 for the quarter, compared to $1.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -93.68 percent.
