AEye (NASDAQ:LIDRW) Trading Down 10.9% – Here’s Why

AEye, Inc. (NASDAQ:LIDRWGet Free Report) fell 10.9% during mid-day trading on Monday . The company traded as low as $0.20 and last traded at $0.20. 31,199 shares were traded during mid-day trading, a decline of 71% from the average session volume of 106,614 shares. The stock had previously closed at $0.23.

AEye Stock Down 10.9%

The stock’s fifty day simple moving average is $0.19 and its 200-day simple moving average is $0.11.

AEye Company Profile

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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.

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