Shares of Luna Innovations Inc (NASDAQ: LUNA), engaged in producing molecular technology and sensing solutions, witnessed a strong upward share price momentum after gaining more than 11% during each of the past two consecutive trading sessions with significant number of shares exchanging hands. During the last trading session, LUNA was among the top gainers in the U.S. industrial sector after climbing 16.5% while recording significant volumes of 10.9 million shares and closed at $1.77. During the past 5-trading sessions, LUNA gained 37.2% with daily average trading volumes of 2.3 million shares, while the stock accumulated over 41.5% in the past one-month with daily average trading volume of 413,029 shares. The stock is up 26.4% year-to-date.
Company Description:
Luna Innovations Inc (NASDAQ: LUNA) produces molecular technology and sensing solutions. The company develops polymers, nonmaterials and reagents, and medical monitoring products and industrial instrumentation for aerospace, energy generation, and defense applications.
1-Year Stock Chart:
Source: Bloomberg
