AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan Sells 6,000 Shares

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 6,000 shares of the stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $3.81, for a total value of $22,860.00. Following the sale, the director now owns 33,000 shares in the company, valued at approximately $125,730. This represents a 15.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

AEye Stock Performance

NASDAQ:LIDR traded up $0.66 during mid-day trading on Tuesday, reaching $2.99. The company’s stock had a trading volume of 48,777,244 shares, compared to its average volume of 20,933,088. The firm’s fifty day moving average price is $1.19 and its two-hundred day moving average price is $1.30. The company has a current ratio of 2.26, a quick ratio of 2.24 and a debt-to-equity ratio of 0.01. The stock has a market cap of $27.31 million, a P/E ratio of -0.36 and a beta of 2.84. AEye, Inc. has a 12-month low of $0.78 and a 12-month high of $5.15.

AEye (NASDAQ:LIDR) last released its quarterly 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. AEye had a negative return on equity of 158.98% and a negative net margin of 24,308.44%. The business had revenue of $0.10 million during 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.