AEye, Inc. (NASDAQ:LIDR) Director Sells $22,860.00 in Stock

AEye, Inc. (NASDAQ:LIDR) Director Luis Dussan sold 6,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 33,000 shares of the company’s stock, valued at approximately $125,730. This represents a 15.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

AEye Stock Down 27.1 %

LIDR stock opened at $2.18 on Friday. The stock has a market cap of $19.91 million, a P/E ratio of -0.27 and a beta of 2.84. 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’s fifty day simple moving average is $1.27 and its two-hundred day simple moving average is $1.32. AEye, Inc. has a 1-year low of $0.78 and a 1-year high of $5.15.

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

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.