Luminar Technologies announces workforce reduction
| LAZR Stock | USD 6.66 0.52 8.47% |
Slightly above 55% of Luminar Technologies' retail investors are presently thinking to get in. The analysis of overall sentiment of trading Luminar Technologies stock suggests that some investors are interested at this time. Luminar Technologies' investing sentiment overview a quick insight into current market opportunities from investing in Luminar Technologies. Many technical investors use Luminar Technologies stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Luminar |
Luminar Technologies announces a 20 percent reduction in workforce as part of a restructuring plan, incurring 4-6 million in cash charges.
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Luminar Technologies Fundamental Analysis
We analyze Luminar Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Luminar Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Luminar Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Luminar Technologies is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Luminar Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Luminar Technologies stock to make a market-neutral strategy. Peer analysis of Luminar Technologies could also be used in its relative valuation, which is a method of valuing Luminar Technologies by comparing valuation metrics with similar companies.
Peers
Luminar Technologies Related Equities
| LIDR | Aeye | 14.69 | ||||
| MBLY | Mobileye Global | 8.39 | ||||
| QS | Quantumscape Corp | 8.30 | ||||
| HYLN | Hyliion Holdings | 4.30 | ||||
| AEVA | Aeva Technologies | 4.19 | ||||
| WPRT | Westport Fuel | 1.82 | ||||
| INVZ | Innoviz Technologies | 3.33 | ||||
| HSAI | Hesai Group | 3.47 | ||||
| KNDI | Kandi Technologies | 3.67 |
Additional Tools for Luminar Stock Analysis
When running Luminar Technologies' price analysis, check to measure Luminar Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.