In yesterday’s Wall Street session, Intuitive Machines Inc (NASDAQ:LUNR) shares traded at $21.68, down -3.30% from the previous session.
LUNR stock price is now 30.48% away from the 50-day moving average and 156.83% away from the 200-day moving average. The market capitalization of the company currently stands at $3.25B.
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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, Officer bought 9,266 shares of the company’s stock on Jan 31 ’25. The stock was bought for $208,485 at an average price of $22.50. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 06 ’25, SVP and Chief Growth Officer Crain Timothy Price II sold 236,327 shares of the business’s stock. A total of $5,206,402 was realized by selling the stock at an average price of $22.03. This leaves the insider owning 362,810 shares of the company worth $7.87 million. A total of 8.68% of the company’s stock is owned by insiders.
During the past 12 months, Intuitive Machines Inc has had a low of $3.15 and a high of $24.95. The fifty day moving average price for LUNR is $16.6156 and a two-hundred day moving average price translates $8.441325 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. For the current quarter, analysts expect LUNR to generate $54.75M in revenue.
