After grabbing 0.68 million shares, the institutional investor is now in possession of 0.68 million shares of the Industrials Company. The new investment brought the stake of investor firm to 3.21% having worth around $1.92 million. Moreover, Nomura Securities Co., Ltd. increased its share by 0.38 million to have a control over 0.38 million shares. And LMR Partners LLP raised its holdings to 0.16 million shares by acquiring 0.17 million shares or 0.83% of the stake.
Intuitive Machines Inc (LUNR) concluded trading on 01/10/24 at a closing price of $2.83, with 4.82 million shares of worth about $13.64 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -67.95% during that period and on Wednesday the price saw a gain of about 23.04%. Currently the company’s common shares owned by public are about 21.03M shares, out of which, 18.87M shares are available for trading.
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Vanguard Extended Market Index Fu, TOPS Market Neutral UCITS FUND, and CB-Accent Lux SICAV – BlueSpace F are the top 3 mutual funds which are holding stakes in Intuitive Machines Inc Vanguard Extended Market Index Fu is currently holding 0.16 million shares of worth totaling $0.46 million. The company recently came buying 0.0 shares which brought its stake up to 0.76% of the company’s outstanding shares. TOPS Market Neutral UCITS FUND sold 16005.0 shares, after which its hold over company’s outstanding shares shrunk to 0.32%, leaving 67757.0 shares with the mutual fund that have a worth of about $0.19 million. CB-Accent Lux SICAV – BlueSpace F, after buying 66500.0 shares, have now control over 0.32% of the stake in the company. It holds 0.0 shares of worth $0.19 million.
Intuitive Machines Inc (NASDAQ: LUNR) started trading at $2.35, above $0.05 from concluding price of the previous day. However, the stock later moved at a day high price of 3.1200, or with a gain of 23.04%. Stock saw a price change of 26.34% in past 5 days and over the past one month there was a price change of -7.52%. Year-to-date (YTD), LUNR shares are showing a performance of 10.76% which decreased to -71.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.09 but also hit the highest price of $136.00 during that period. The average intraday trading volume for Intuitive Machines Inc shares is 494.85K. The stock is currently trading 10.77% above its 20-day simple moving average (SMA20), while that difference is down -0.26% for SMA50 and it goes to -52.92% lower than SMA200.
University of Pennsylvania acquired 0.68 million shares of Intuitive Machines Inc having value of about $1.92 million. Intuitive Machines Inc (NASDAQ: LUNR) currently have 21.03M outstanding shares and institutions hold larger chunk of about 18.30% of that. Holding of mutual funds in the company is about 2.68% while other institutional holders and individual stake holders have control over 53.73% and 15.71% of the stake respectively.
The stock has a current market capitalization of $59.51M and its 3Y-monthly beta is at -0.20. It has Quick Ratio of 0.48. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LUNR, volatility over the week remained 16.58% while standing at 10.98% over the month.
Analysts are in expectations that Intuitive Machines Inc (LUNR) stock would likely to be making an EPS of -$0.33 in the current quarter, while forecast for next quarter EPS is -$0.27 and it is -$0.98 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.33 which is -$0.33 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.07 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 2700.00% while it is estimated to decrease by -151.92% in next year.
Analysts at 4 brokerage firms have issued recommendations for the Intuitive Machines Inc (LUNR)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 4 Wall Street analysts, 4 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Cantor Fitzgerald on May 19, 2023 offering an Overweight rating for the stock and assigned a target price of $11 to it.
