Luna Innovations Incorporated (NASDAQ:LUNA – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.29 and traded as low as $1.09. Luna Innovations shares last traded at $1.09, with a volume of 212 shares.
Luna Innovations Price Performance
The firm has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $1.28. The company has a market cap of $37.02 million, a PE ratio of 36.33 and a beta of 1.87.
Luna Innovations Company Profile
Luna Innovations (NASDAQ: LUNA) is a technology company specializing in advanced fiber-optic sensing, photonic test and measurement solutions, and specialty optical products. Founded in 1991 as a spin-off from Virginia Tech, the company develops tools and instrumentation that enable precise characterization and monitoring of optical networks, materials and structures. Its offerings include optical time-domain reflectometers (OTDRs), dynamic strain sensors based on fiber Bragg grating technology, and high-resolution spectral analyzers designed for both laboratory research and field deployment.
The company operates through two primary segments: Test & Measurement Solutions and Specialty Optical Fiber & Laser Solutions.
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