AEye (NASDAQ:LIDR) Stock Price Up 13.3% – Still a Buy?

AEye, Inc. (NASDAQ:LIDR)’s stock price traded up 13.3% during mid-day trading on Thursday . The company traded as high as $1.29 and last traded at $1.28. 2,408,101 shares traded hands during mid-day trading, an increase of 81% from the average session volume of 1,331,482 shares. The stock had previously closed at $1.13.

AEye Stock Up 13.3 %

The company has a market capitalization of $11.69 million, a PE ratio of -0.16 and a beta of 2.94. The stock’s fifty day moving average is $1.11 and its two-hundred day moving average is $1.34. The company has a current ratio of 2.26, a quick ratio of 2.24 and a debt-to-equity ratio of 0.01.

AEye (NASDAQ:LIDR) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.70) EPS for the quarter, topping analysts’ consensus estimates of ($0.89) by $0.19. AEye had a negative net margin of 24,308.44% and a negative return on equity of 158.98%. The company had revenue of $0.10 million for the quarter.

AEye Company Profile

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.