What Technical Indicators Show About Lilium N.V. (LILM)?

Lilium N.V. (NASDAQ:LILM) finished Friday with an addition of $0.04 to close at $1.07, an upside of 3.88 percent. An average of 2,975,880 shares of common stock have been traded in the last five days. There was a gain of $0.0500 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 3,801,285 shares traded, while the 50-day average volume stands at 6,154,310.

LILM stock has decreased by -7.76% in the last month. The company shares reached their 1-month lowest point of $0.9609 on 08/22/23. With the stock rallying to its 52-week high on 06/30/23, shares of the company touched a low of $0.37 and a high of $2.52 in 52 weeks. It has reached a new high 10 times so far this year and lost -6.14% or -$0.0700 in price. In spite of this, the price is down -57.54% from the 52-week high.

Valuation Metrics

Lilium N.V. (LILM) stock’s beta is 1.31.

Financial Health

The quick ratio of Lilium N.V. for the recent quarter was 3.90, and the current ratio was 3.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.04 and a total debt to equity ratio of 0.05 for the recent quarter.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Lilium N.V.’s return on assets was -115.50%.

Earnings Surprise

The company posted a net income of -$253.06 million in the quarter, while revenues were shrunk -81.92%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Lilium N.V. (LILM) price momentum. RSI 9-day as of the close on 25 August was 44.45%, suggesting the stock is Neutral, with historical volatility in this time frame at 70.25%.

As of today, LILM’s price is $1.0400 +4.90% or $0.0500 from its 5-day moving average. LILM is currently trading -12.30% lower than its 20-day SMA and +63.36% higher than its 100-day SMA. However, the stock’s current price level is -16.41% below the SMA50 and -38.15% below the SMA200.

The stochastic %K and %D were 35.64% and 26.26%, respectively, and the average true range (ATR) was 0.0861. With the 14-day stochastic at 43.80% and the average true range at 0.0933, the RSI (14) stands at 42.51%. The stock has reached 0.0289 on the 9-day MACD Oscillator while the 14-day reading was at -0.0117.

Analyst Ratings

B. Riley Securities launched coverage on Lilium N.V. (NASDAQ: LILM) in its analyst report released on August 01, 2023. The firm assigned the stock a Buy rating. The consensus rating for Lilium N.V. (LILM) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell LILM, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is LILM’s price target for the next 12 months?

Analysts predict a range of price targets between $1.00 and $6.00, with a median target of $3.00. Taking a look at these predictions, the average price target given by analysts for Lilium N.V. (LILM) stock is $2.82.

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