Lilium N.V. (NASDAQ: LILM) stock fell -1.41% on Monday to $0.96 against a previous-day closing price of $0.98. With 3.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.4 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $1.0100 whereas the lowest price it dropped to was $0.9602. The 52-week range on LILM shows that it touched its highest point at $2.37 and its lowest point at $0.37 during that stretch. It currently has a 1-year price target of $3.18. Beta for the stock currently stands at 1.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LILM was down-trending over the past week, with a drop of -10.99%, but this was down by -4.82% over a month. Three-month performance dropped to -24.31% while six-month performance rose 26.94%. The stock lost -56.89% in the past year, while it has lost -15.68% so far this year.
Float and Shares Shorts:
At present, 518.73 million LILM shares are outstanding with a float of 233.51 million shares on hand for trading. On Aug 30, 2023, short shares totaled 6.41 million, which was 1.30% higher than short shares on Jul 30, 2023. In addition to Mr. Klaus Roewe as the firm’s CEO & Exec. Director, Mr. Daniel Wiegand serves as its Co-Founder, Chief Engineer for Innovation & Future Programs and Exec. Director.
Through their ownership of 9.71% of LILM’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.96% of LILM, in contrast to 0.21% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in LILM with 0.66% of the stake, Pacific Investment Management Co holds 2,508,027 shares worth 2,508,027. A second-largest stockholder of LILM, B. Riley Capital Management LLC, holds 1,094,804 shares, controlling over 0.29% of the firm’s shares. Millennium Management LLC is the third largest shareholder in LILM, holding 811,379 shares or 0.21% stake. With a 0.06% stake in LILM, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 210,487 shares are owned by the mutual fund manager. The DNB Fund – Disruptive Opportuniti, which owns about 0.06% of LILM stock, is the second-largest Mutual Fund holder. It holds 208,115 shares valued at 0.22 million. Fidelity Nasdaq Composite Index E holds 0.03% of the stake in LILM, owning 128,618 shares worth 0.14 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LILM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With LILM analysts setting a high price target of $6.00 and a low target of $1.00, the average target price over the next 12 months is $2.82. Based on these targets, LILM could surge 525.0% to reach the target high and rise by 4.17% to reach the target low. Reaching the average price target will result in a growth of 193.75% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded LILM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.