Luminar Technologies, Inc. (NASDAQ:LAZR - Get Free Report) was the recipient of some unusual options trading on Monday. Stock traders acquired 7,165 call options on the stock. This represents an increase of 8% compared to the average daily volume of 6,647 call options.
Luminar Technologies Stock Up 19.0 %
Shares of LAZR stock traded up $1.19 on Friday, hitting $7.47. The stock had a trading volume of 5,979,580 shares, compared to its average volume of 1,655,454. The business has a 50 day moving average price of $5.87 and a 200 day moving average price of $9.07. The company has a market cap of $248.88 million, a PE ratio of -0.55 and a beta of 1.74. Luminar Technologies has a one year low of $4.48 and a one year high of $34.80.
Hedge Funds Weigh In On Luminar Technologies
Large investors have recently added to or reduced their stakes in the company. PEAK6 Investments LLC bought a new position in Luminar Technologies in the third quarter worth about $25,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Luminar Technologies during the third quarter valued at about $31,000. Point72 DIFC Ltd acquired a new position in shares of Luminar Technologies during the third quarter valued at about $40,000. BNP Paribas Financial Markets acquired a new position in shares of Luminar Technologies during the fourth quarter valued at about $40,000. Finally, DnB Asset Management AS acquired a new position in shares of Luminar Technologies during the fourth quarter valued at about $91,000. 30.99% of the stock is currently owned by institutional investors.
Luminar Technologies Company Profile
(
Get Free Report)
Luminar Technologies, Inc, an automotive technology company, provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions and Advanced Technologies and Services. The Autonomy Solutions segment designs, manufactures, and sells laser imaging, detection, and ranging sensors or lidars, as well as related perception and autonomy software solutions primarily for original equipment manufacturers in the automobile, commercial vehicle, robo-taxi, and adjacent industries.
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