Intuitive Machines Inc (NASDAQ:LUNR) shares traded -5.11% lower at $18.40 on Wall Street last session.
LUNR stock price is now 6.23% away from the 50-day moving average and 108.71% away from the 200-day moving average. The market capitalization of the company currently stands at $2.76B.
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With the price target of $16, BofA Securities recently initiated with Underperform rating for Intuitive Machines Inc (NASDAQ: LUNR). On June 28, 2024, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $8, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’
In other news, Vontur Steven, insider sold 9,266 shares of the company’s stock on Jan 31 ’25. The stock was sold for $208,485 at an average price of $22.50. Upon completion of the transaction, the insider now directly owns 98,656 shares in the company, valued at $1.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 31 ’25, Officer Vontur Steven bought 9,266 shares of the business’s stock. A total of $208,485 was incurred on buying the stock at an average price of $22.50. A total of 8.67% 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 $17.3209 and a two-hundred day moving average price translates $8.816175 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 $55.9M in revenue.
