If You’re Considering Buying Lilium N.V (NASDAQ: LILM) Stock, Read This First.

Lilium N.V (NASDAQ:LILM) price on Wednesday, May 09, fall -4.59% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.04.

A look at the stock’s price movement, the close in the last trading session was $1.09. Turning to its 52-week performance, $1.90 and $0.60 were the 52-week high and 52-week low respectively. Overall, LILM moved 10.53% over the past month.

Lilium N.V’s market cap currently stands at around $548.96 million.

Turning to the stock’s technical picture we see that short term indicators suggest on average that LILM is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

LILM’s current price about 10.78% and 10.07% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.00, while 7-day volatility ratio is 9.02% and 6.27% in the 30-day chart. Further, Lilium N.V (LILM) has a beta value of 2.00, and an average true range (ATR) of 0.07.

If we refocus on Lilium N.V (NASDAQ:LILM), historical trading data shows that trading volumes averaged 1.91 million over the past 3 months. The company’s latest data on shares outstanding shows there are 503.47 million shares.

The 52.75% of Lilium N.V’s shares are in the hands of company insiders while institutional holders own 3.70% of the company’s shares. Current price change has pushed the stock -11.86% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LILM stock continues to rise going into the next quarter.

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