News Summary: Luminar Technologies ($LAZR) is at an inflection point, with analyst targets for Q3/Q4 in line with expectations at $22M and $34M. The estimated short interest as of August 7th is 83.97%. The company has institutional ownership of 42.17% and inside ownership of 28.92%. Analyst rating stands at 3.46, and the long-term debt to capital ratio is 1.59%. Luminar Technologies offers daily updated information on highly shorted stocks, squeeze rankings, access to chat rooms, IPO analysis, daily watchlists, and market watchlists. They have been consistently hitting profits with their trading strategy. Luminar Technologies ranks #5 in rare/extreme bullish trades with 20,000 options. They have no RFQs, indicating limited interest from OEMs in their product. However, they are on track to grow their forward-looking order book by $1 billion this year. Luminar Technologies has a larger patent portfolio than any other company in their industry and expects to break even by 2025. They ended the quarter with $366M in cash and marketable securities, making them one of the best-capitalized LiDAR companies. Overall, Luminar Technologies had a solid quarter and received an awesome call.

LAZR stock price is 4.325. LAZR 52 Week low is 3.91. LAZR 52 Week high is 10.55. LAZR 200 day moving average is 6.49. It is currently trading below 200 day moving average. LAZR 50 day moving average is 6.08 which is above(bearish) the current price. RSI (relative strength index) of LAZR is 21.456 which is below (bearish) 70. Chaikin money flow (20 day) of LAZR is -0.306 which is below (bearish) 0.