In yesterday’s Wall Street session, AEye Inc (NASDAQ:LIDR) shares traded at $3.48, up 24.73% from the previous session.
LIDR stock price is now 126.17% away from the 50-day moving average and -6.12% away from the 200-day moving average. The market capitalization of the company currently stands at $23.07M.
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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 89,881 shares of the company’s stock on May 21 ’24. The stock was sold for $258,570 at an average price of $2.88. Upon completion of the transaction, the Director now directly owns 294,832 shares in the company, valued at $1.03 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 20 ’24, Director Dussan Luis sold 105,076 shares of the business’s stock. A total of $252,771 was realized by selling the stock at an average price of $2.41. This leaves the insider owning 384,713 shares of the company worth $1.34 million. A total of 18.56% 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 0.66, a current ratio of 3.48, and a quick ratio of 3.41. The fifty day moving average price for LIDR is $1.58488 and a two-hundred day moving average price translates $3.666795 for the stock.
The latest earnings results from AEye Inc (NASDAQ: LIDR) was released for 2023-12-31. The net profit margin was -8382.08% and return on equity was -145.22% for LIDR. The company reported revenue of $20000.0 for the quarter, compared to $0.64 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -96.86 percent.
