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

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

AEye Stock Down 27.1 %

Shares of NASDAQ:LIDR opened at $2.18 on Thursday. The business’s 50 day moving average is $1.25 and its 200 day moving average is $1.32. The stock has a market cap of $19.91 million, a P/E ratio of -0.27 and a beta of 2.84. AEye, Inc. has a 52-week low of $0.78 and a 52-week high of $5.15. The company has a quick ratio of 2.24, a current ratio of 2.26 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) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.89) by $0.19. The business had revenue of $0.10 million for 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.