Lilium N.V (NASDAQ:LILM) shares, rose in value, with the stock price up by 3.09% to the previous day’s close as strong demand from buyers drove the stock to $0.93.
Actively observing the price movement in the last trading, the stock closed the session at $0.90. The value of beta (5-year monthly) was 2.03. Referring to stock’s 52-week performance, its high was $1.90, and the low was $0.37. On the whole, LILM has fluctuated by 4.98% over the past month.
With the market capitalization of Lilium N.V currently standing at about $490.69 million, investors are eagerly awaiting this quarter’s results, scheduled for Feb 27, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.19, which is expected to increase to -$0.18 for fiscal year -$0.77 and then to about -$0.65 by fiscal year 2024. Data indicates that the EPS growth is expected to be 11.50% in 2024, while the next year’s EPS growth is forecast to be 15.60%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that LILM’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of LILM currently trading nearly -2.80% and 0.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.54, while the 7-day volatility ratio is showing 4.19% which for the 30-day chart, stands at 5.71%. Furthermore, Lilium N.V (LILM)’s beta value is 2.03, and its average true range (ATR) is 0.05.
A comparison of Lilium N.V (LILM) with its peers suggests the former has fared considerably weaker in the market. LILM showed an intraday change of 3.09% in last session, and over the past year, it grew by 41.92%%.
Data on historical trading for Lilium N.V (NASDAQ:LILM) indicates that the trading volumes over the past 10 days have averaged 1.94 million and over the past 3 months, they’ve averaged 2.24 million. According to company’s latest data on outstanding shares, there are 503.47 million shares outstanding.
Nearly 52.91% of Lilium N.V’s shares belong to company insiders and institutional investors own 3.83% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 17.41 million shares as on Mar 15, 2024, resulting in a short ratio of 9.14. According to the data, the short interest in Lilium N.V (LILM) stood at 3.30% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 19.39 million. The stock has fallen by -21.22% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LILM stock heading into the next quarter.
