Intuitive Machines Inc (NASDAQ:LUNR) shares, rose in value, with the stock price down by -0.37% to the previous day’s close as strong demand from buyers drove the stock to $5.43.
Actively observing the price movement in the last trading, the stock closed the session at $5.45. The value of beta (5-year monthly) was 0.23 whereas the PE ratio was 2.32 over 12-month period. Referring to stock’s 52-week performance, its high was $13.25, and the low was $2.09. On the whole, LUNR has fluctuated by -23.84% over the past month.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LUNR’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of LUNR currently trading nearly -1.61% and -9.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.47, while the 7-day volatility ratio is showing 6.11% which for the 30-day chart, stands at 7.27%. Furthermore, Intuitive Machines Inc (LUNR)’s beta value is 0.29, and its average true range (ATR) is 0.50.
A comparison of Intuitive Machines Inc (LUNR) with its peers suggests the former has fared considerably weaker in the market. LUNR showed an intraday change of -0.37% in last session, and over the past year, it shrunk by -25.10%%.
Data on historical trading for Intuitive Machines Inc (NASDAQ:LUNR) indicates that the trading volumes over the past 3 months, they’ve averaged 10.16 million. According to company’s latest data on outstanding shares, there are 51.08 million shares outstanding.
Nearly 17.05% of Intuitive Machines Inc’s shares belong to company insiders and institutional investors own 10.69% of the company’s shares. The stock has risen by 112.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LUNR stock heading into the next quarter.
