AEye (NASDAQ:LIDR) Trading 13.3% Higher – What’s Next?

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

AEye Trading Up 59.4 %

The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.24 and a current ratio of 2.26. The stock has a market cap of $18.63 million, a price-to-earnings ratio of -0.25 and a beta of 2.94. The company has a 50 day moving average of $1.13 and a 200-day moving average of $1.33.

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

About AEye

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.