Luna Innovations Inc (NASDAQ:LUNA) shares traded 17.36% up during most recent session to reach at the closing price of $1.42. The stock exchanged hands 1.45 Million shares versus average trading capacity of 41.85 Million shares, yielding a market cap of $43.45 Million. Wall Street analysts covering the stock are projecting that the stock will reach $2.25 within the next 52-weeks. The mean target projections are based on 1 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Luna Innovations Inc (NASDAQ:LUNA) high price target of $2.25 and with a conservative view have low price target of $2.25.
Northland Securities “Initiates Coverage on” Luna Innovations Inc (NASDAQ:LUNA) in a research note issued to investors on 8/18/15 to Outperform with price target of $2.
On the other hand the company has Relative Strength Index (RSI 14) of 55.62 along with Average True Range (ATR 14) of 0.09, Consequently Luna Innovations Inc (NASDAQ:LUNA)’s weekly and monthly volatility is 8.15%, 6.12% respectively. The company’s beta value is at 1.34.
In terms of Buy, Sell or Hold recommendations, Luna Innovations Inc (NASDAQ:LUNA) has analysts’ mean recommendation of 2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Luna Innovations Inc (NASDAQ:LUNA)’s minimum EPS for the current quarter is at $-0.03 and can go high up to $-0.03. The consensus mean EPS for the current quarter is at $-0.03 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.03 earnings per share for the same quarter during last year.
Previously Luna Innovations Inc (NASDAQ:LUNA) reported $-0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.01 by $-0.04. The company posted an earnings surprise of -400%.
Luna Innovations Inc (NASDAQ:LUNA)’s revenue estimates for the current quarter are $14.2 Million according to 1 number of analysts, for the current quarter the company has high revenue estimates of $14.2 Million in contradiction of low revenue estimates of $14.2 Million. For the current year the company’s revenue estimates are $60.3 Million compared to low analyst estimates of $60.3 Million and high estimates of $60.3 Million according to 1 number of analysts.
Currently Luna Innovations Inc (NASDAQ:LUNA)’s shares owned by insiders are 6.5%, whereas shares owned by institutional owners are 15.8%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.72%.
Luna Innovations Inc (NASDAQ:LUNA) 52-week high price stands at $2.33 and low price stands at $1.08, its price distance from 52-week high is -39.06% while its distance from 52-week low price is 31.48%. The stock hit its 52-week high on 01/26/17, and 52-week low on 08/17/16.
Luna Innovations Inc (NASDAQ:LUNA)’s trailing twelve month revenues are $58.3 Million, whereas its price to sales ratio for the same period is 0.75. Its book value per share for the most recent quarter is $1.23 while its price to book ratio for the same period is 1.15, as for as the company’s cash per share for the most recent quarter is $0.4, however its price to cash per share ratio for the same period is 3.59. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.