Intuitive Machines (NASDAQ:LUNRW) Shares Up 6.1%

Intuitive Machines, Inc. (NASDAQ:LUNRW) shares shot up 6.1% on Thursday . The stock traded as high as $1.21 and last traded at $1.21. 129,485 shares changed hands during trading, a decline of 75% from the average session volume of 517,429 shares. The stock had previously closed at $1.14.

Intuitive Machines Stock Performance

The firm’s 50-day moving average is $1.44 and its two-hundred day moving average is $0.67.

Institutional Trading of Intuitive Machines

A number of hedge funds have recently bought and sold shares of the business. Hudson Bay Capital Management LP purchased a new position in shares of Intuitive Machines during the 1st quarter worth approximately $82,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Intuitive Machines in the first quarter valued at about $121,000. Balyasny Asset Management L.P. purchased a new stake in shares of Intuitive Machines in the first quarter valued at about $140,000. Finally, Boothbay Fund Management LLC purchased a new stake in shares of Intuitive Machines in the first quarter valued at about $994,000.

Intuitive Machines Company Profile

Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon, as well as exploration to mars and beyond.