The stock of Lilium N.V. (NASDAQ:LILM) decreased by -$0.07 on Tuesday to finish at $1.06, down -6.19 percent. The last five days have seen an average of 3,274,380 shares of common stock traded. 10 times new highs were reached in the current year, with a fall of -$0.0800. The average number of shares traded over the last 20 days was 5,792,690, while the average volume over the last 50 days totaled 6,173,914.
LILM stock dropped -21.48% since last month. On 08/15/23, the company’s shares reached a one-month low of $1.0400. The stock touched a high of $3.13 on 06/30/23, after rallying from a low of $0.37 in 52 weeks. The price of LILM stock has declined by -7.02% or -$0.0800 this year, reaching a new high 10 times. Still, the stock price is down -66.13% from the 52-week high.
Financial Health
For the recent quarter, Lilium N.V.’s quick ratio was 3.90, while its current ratio was 3.90, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.04, and the total debt to equity ratio is 0.05.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LILM’s return on assets (ROA) during the last 12 months has been -115.50%.
Earnings Surprise
At the end of Lilium N.V.’s most recent quarter, its liabilities totaled 86.28 million, while its total debt was $10.97 million.
Technical Picture
Here’s a quick look at Lilium N.V.’s (LILM) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 27.87%, suggesting the stock is oversold, with a 34.54% historical volatility rate.
The stochastic %K and %D were 9.24% and 11.26% respectively, while the average true range (ATR) was 0.0921. Based on the 14-day stochastic reading of 5.88%, the RSI (14) reading is 35.18%. On the 9-day MACD Oscillator, the stock is at -0.0528, and the 14-day reading is at -0.0904.
Analyst Ratings
In its analyst report released on August 01, 2023, B. Riley Securities began covering Lilium N.V. (NASDAQ: LILM). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Lilium N.V. (LILM) an Overweight rating. LILM is a stock that is recommended for selling by 1 brokerage firm, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.
What is LILM’s price target for the next 12 months?
The current consensus forecast for the stock is between $1.00 and $6.00, with a median target price of $3.00. In analyzing these forecasts, the average price target given by analysts for Lilium N.V. (LILM) is $3.25.
