Is Intuitive Machines Inc. (LUNR) Good For Your Portfolio?

Intuitive Machines Inc. (NASDAQ:LUNR) saw a downside of -1.58% to close Friday at $4.98 after subtracting -$0.08 on the day. The 5-day average trading volume is 701,260 shares of the company’s common stock. It has gained $8.37 in the past week and touched a new high 1 time within the past 5 days. An average of 414,575 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 429,552.

LUNR’s 1-month performance is -42.69% or -$3.81 on its low of $4.85 reached on 08/18/23. The company’s shares have touched a 52-week low of $5.01 and high of $136.00, with the stock’s rally to the 52-week high happening on 02/22/23. YTD, LUNR has lost -50.20% or -$5.02 and has reached a new high 6 times. However, the current price is down -96.34% from the 52-week high price.

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Valuation Metrics

LUNR stock has a beta of -0.20. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.12.

Intuitive Machines Inc.’s quick ratio for the recent period was 0.60, with the current ratio over the same period at 0.60. In terms of profitability, the gross margin trailing 12 months is 8.00%.

Earnings Surprise

Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 100.38% to $28.87 million, while revenue of -$9.69 million was 133.56% off the previous quarter. EBITDA for the quarter stood at more than -$12.86 million. Shareholders hold equity totaling $86.71 million.

Let’s look briefly at Intuitive Machines Inc. (LUNR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 21.95% to suggest the stock is trending oversold, with historical volatility in this time period at 152.35%.

The stock’s 5-day moving average is $6.25, reflecting a -41.34% or -$3.51 change from its current price. LUNR is currently trading -41.48% above its 20-day SMA, -54.19% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -36.15% and SMA200 by-49.29%.

Stochastic %K and %D was 1.94% and 5.86% and the average true range (ATR) pointed at 0.78. The RSI (14) points at 27.96%, while the 14-day stochastic is at 2.81% with the period’s ATR at 0.75. The stock’s 9-day MACD Oscillator is pointing at -1.96 and -2.18 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Intuitive Machines Inc. (NASDAQ: LUNR), Cantor Fitzgerald launched coverage with an Overweight rating.

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