Intuitive Machines Inc (LUNR): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NASDAQ-listed company operates within the Aerospace & Defense industry segment, falling under the Industrials sector. The current market capitalization of Intuitive Machines Inc is $330.33M. A total of 11.82 million shares were traded on the day, compared to an average of 4.86M shares.

In the most recent transaction, Ghaffarian Kamal Seyed sold 148,290 shares of LUNR for 6.03 per share on Aug 20 ’24. After the transaction, the Director now owns 3,551,606 company shares. In a previous transaction on Aug 20 ’24, Crain Timothy Price II sold 401,945 shares at 5.26 per share. LUNR shares that SVP and Chief Growth Officer owns now total 362,810.

Among the insiders who sold shares, Altemus Stephen J disposed of 1,295,992 shares on Aug 20 ’24 at a per-share price of $5.12. This resulted in the Chief Executive Officer holding 910,919 shares of LUNR after the transaction. In another insider transaction, Ghaffarian Enterprises LLC bought 503,964 shares at $4.25 per share on Aug 20 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, LUNR has a high of $13.25 and a low of $2.09.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. LUNR’s latest balance sheet shows that the firm has $29.29M in Cash & Short Term Investments as of fiscal 2021. There were $14.99M in debt and $68.42M in liabilities at the time. Its Book Value Per Share was -$3.84, while its Total Shareholder’s Equity was -$51.84M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LUNR is Buy with a score of 5.00.

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