With 0.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.31 million shares. The 52-week range on LIDR shows that it touched its highest point at $5.15 and its lowest point at $0.62 during that stretch. It currently has a 1-year price target of $1.33. Beta for the stock currently stands at 2.82.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LIDR was down-trending over the past week, with a drop of -21.47%, but this was down by -38.87% over a month. Three-month performance dropped to -30.89% while six-month performance fell -49.94%. The stock lost -53.25% in the past year, while it has lost -49.94% so far this year. A look at the trailing 12-month EPS for LIDR yields -4.71 with Next year EPS estimates of 1.29.
Float and Shares Shorts:
At present, 18.19 million LIDR shares are outstanding with a float of 16.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LIDR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.799 being high and -$3.799 being low. For LIDR, this leads to a yearly average estimate of -$3.799. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
