The stock of Intuitive Machines Inc. (NASDAQ:LUNR) increased by $0.45 on Friday to finish at $4.44, up 11.28 percent. The last five days have seen an average of 634,520 shares of common stock traded. 6 times new highs were reached in the current year, with a fall of -$5.56. The average number of shares traded over the last 20 days was 538,025, while the average volume over the last 50 days totaled 432,484.
LUNR stock dropped -45.45% since last month. On 08/25/23, the company’s shares reached a one-month low of $3.76. The stock touched a high of $136.00 on 02/22/23, after rallying from a low of $3.81 in 52 weeks. The price of LUNR stock has declined by -55.60% or -$5.56 this year, reaching a new high 6 times. Still, the stock price is down -96.74% from the 52-week high.
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Valuation Metrics
Intuitive Machines Inc. (LUNR) has a trailing price-to-earnings (P/E) ratio of 5.22. Beta for the stock is -0.12. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 4.10.
Financial Health
For the recent quarter, Intuitive Machines Inc.’s quick ratio was 0.50, while its current ratio was 0.50, indicating its inability to pay off its debt.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a 14.60% return on investment (ROI) in the past year.
Earnings Surprise
A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $17.99 million, while revenues rose by 100.0% to $18.24 million. EBITDA was -$12.86 million for the quarter. At the end of Intuitive Machines Inc.’s most recent quarter, its liabilities totaled 774.03 million, while its total debt was $25.48 million. Equity owned by shareholders amounts to $86.71 million.
Technical Picture
Here’s a quick look at Intuitive Machines Inc.’s (LUNR) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 26.98%, suggesting the stock is oversold, with a 133.83% historical volatility rate.
The stochastic %K and %D were 5.14% and 2.65% respectively, while the average true range (ATR) was 0.71. Based on the 14-day stochastic reading of 11.89%, the RSI (14) reading is 29.70%. On the 9-day MACD Oscillator, the stock is at -0.73, and the 14-day reading is at -1.94.
Analyst Ratings
In its analyst report released on May 19, 2023, Cantor Fitzgerald began covering Intuitive Machines Inc. (NASDAQ: LUNR). The stock was rated as an Overweight by the brokerage firm. Analysts have assigned Intuitive Machines Inc. (LUNR) an Buy rating. LUNR is a stock that is recommended for selling by 0 brokerage firms, while 0 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 LUNR’s price target for the next 12 months?
The current consensus forecast for the stock is between $9.00 and $16.00, with a median target price of $12.00. In analyzing these forecasts, the average price target given by analysts for Intuitive Machines Inc. (LUNR) is $12.33.
