Intuitive Machines Inc [NASDAQ: LUNR] traded at a low on Thursday, posting a -4.67 loss after which it closed the day’ session at $4.49.
The results of the trading session contributed to over 2931878 shares changing hands. Over the past one week, the price volatility of Intuitive Machines Inc stands at 4.44% while the volatility over the past one month is 4.82%.
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The market cap for LUNR stock reached $241.20 million, with 53.72 million shares outstanding and 44.77 million shares in the current float. Compared to the average trading volume of 3.37M shares, LUNR reached a trading volume of 2931878 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Intuitive Machines Inc [LUNR]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LUNR shares is $11.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LUNR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Intuitive Machines Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 19, 2023. While these analysts kept the previous recommendation, ROTH MKM raised their target price to Buy. The new note on the price target was released on March 10, 2023, representing the official price target for Intuitive Machines Inc stock. Previously, the target price had yet another raise to $35, while Canaccord Genuity analysts kept a Buy rating on LUNR stock.
The Average True Range (ATR) for Intuitive Machines Inc is set at 0.29, with the Price to Sales ratio for LUNR stock in the period of the last 12 months amounting to 1.80.
How has LUNR stock performed recently?
Intuitive Machines Inc [LUNR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.91. With this latest performance, LUNR shares dropped by -22.05% in over the last four-week period, additionally plugging by 43.45% over the last 6 months – not to mention a drop of -43.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LUNR stock in for the last two-week period is set at 32.47, with the RSI for the last a single of trading hit 23.00, and the three-weeks RSI is set at 38.78 for Intuitive Machines Inc [LUNR]. The present Moving Average for the last 50 days of trading for this stock 5.38, while it was recorded at 4.81 for the last single week of trading, and 4.30 for the last 200 days.
Intuitive Machines Inc [LUNR]: Deeper insight into the fundamentals
Intuitive Machines Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.04.
Insider trade positions for Intuitive Machines Inc [LUNR]
The top three institutional holders of LUNR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in LUNR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in LUNR stock with ownership which is approximately 5.8386%.
