Luna Innovations Stock News

Luna Innovations Inc (LUNA) shares closed today at 0.5% above its 52 week low of $7.44, giving the company a market cap of $239M. The stock is currently down 11.4% year-to-date, down 24.2% over the past 12 months, and up 373.4% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 44.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 6.8% lower than its 5-day moving average, 10.4% lower than its 20-day moving average, and 18.7% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 125.7% The company's stock price performance over the past 12 months lags the peer average by -492.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Equities analysts predict that Luna Innovations Incorporated (NASDAQ:LUNA) will post earnings per share (EPS) of $0.10 for the current quarter, according to Zacks. Two analysts have issued estimates for Luna Innovations earnings, with the lowest EPS estimate coming in at $0.05 and the highest estimate coming in at $0.14. Luna Innovations posted earnings per share []

Luna Innovations Incorporated (NASDAQ:LUNA) saw a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 813,300 shares, a decline of 24.0% from the October 31st total of 1,070,000 shares. Currently, 2.7% of the companys shares are sold short. Based on an average daily trading volume, []

California State Teachers Retirement System decreased its position in Luna Innovations Incorporated (NASDAQ:LUNA) by 3.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,042 shares of the scientific and technical instruments companys stock after selling 1,617 shares during the quarter. California []

State Street Corp lifted its holdings in shares of Luna Innovations Incorporated (NASDAQ:LUNA) by 50.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 683,163 shares of the scientific and technical instruments company’s stock after acquiring an additional 228,148 shares during the quarter. State Street […]

Luna Innovations (NASDAQ:LUNA) and Science 37 (NASDAQ:SNCE) are both small-cap business services companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, risk, profitability, earnings and analyst recommendations. Analyst Ratings This is a breakdown of recent recommendations for Luna Innovations and Science []

Luna Innovations (NASDAQ:LUNA) and Science 37 (NASDAQ:SNCE) are both small-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, earnings, analyst recommendations and dividends. Profitability This table compares Luna Innovations and Science 37s net margins, return on equity []

Squarepoint Ops LLC increased its stake in shares of Luna Innovations Incorporated (NASDAQ:LUNA) by 10.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,874 shares of the scientific and technical instruments companys stock after buying an additional 1,795 shares during the []

MetLife Investment Management LLC lifted its stake in shares of Luna Innovations Incorporated (NASDAQ:LUNA) by 455.3% during the second quarter, Holdings Channel.com reports. The firm owned 11,906 shares of the scientific and technical instruments companys stock after buying an additional 9,762 shares during the period. MetLife Investment Management LLCs holdings in Luna Innovations were worth []

Luna Innovations (NASDAQ:LUNA) and Absci (NASDAQ:ABSI) are both small-cap business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, valuation, risk and earnings. Profitability This table compares Luna Innovations and Abscis net margins, return on equity and return []

Analysts expect Luna Innovations Incorporated (NASDAQ:LUNA) to report sales of $23.19 million for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Luna Innovations earnings. The highest sales estimate is $23.38 million and the lowest is $23.00 million. Luna Innovations posted sales of $25.92 million in the same quarter last year, []

Luna Innovations Incorporated (NASDAQ:LUNA) Equities research analysts at B. Riley decreased their Q1 2022 earnings per share estimates for shares of Luna Innovations in a note issued to investors on Tuesday, November 16th. B. Riley analyst D. Kang now expects that the scientific and technical instruments company will post earnings of $0.01 per share []

Luna Innovations (NASDAQ:LUNA) had its price objective lowered by research analysts at B. Riley from $14.50 to $12.00 in a research report issued on Tuesday, The Fly reports. The firm presently has a “buy” rating on the scientific and technical instruments company’s stock. B. Riley’s price target points to a potential upside of 29.10% from […]

Luna Innovations (NASDAQ:LUNA) announced its quarterly earnings data on Monday. The scientific and technical instruments company reported $0.03 EPS for the quarter, missing the Zacks consensus estimate of $0.05 by ($0.02), MarketWatch Earnings reports. Luna Innovations had a return on equity of 10.00% and a net margin of 2.46%. During the same quarter in the []

Luna Innovations (NASDAQ:LUNA) had its price target lowered by equities research analysts at Northland Securities from $10.00 to $9.00 in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage presently has a market perform rating on the scientific and technical instruments companys stock. Northland Securities target price would suggest []