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The Screen · Technology · Scientific & Technical Instruments
LUNALuna Innovations Incorporated
LUNA · PNK · USD · Market cap $46M · 337 employees
Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide.
FAIL · Does not pass the screen
1.34 USD
Price as of 17 Sep 2026Daily close, not a live quoteLast reviewed 49 days ago
Screened 2026-09-17 · the tape above runs as of 16:02 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
Price1.34 USD at the 17 Sep 2026 close
Fair valueUnder review: its inputs are 49 days old; there is no analyst estimate to cross-check it; our model's value is 2.22x the price, above our 2.00x limit.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical does not pass the values gate
Price1.34 USD
Fair valueUnder review
Ethical score10.0/100
Our investment reviews on this name
2026-07-02Read Accumulation1.16+15.5% to today ✓First review on file: Accumulation
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Luna Innovations Incorporated holds its Accumulation at $1.34. Consolidating, no directional conviction, held for 55 days.
As held on the ledger · 2026-09-17
Phase
Accumulation
Quantitative state
Consolidating, no directional conviction, held for 55 days
Price at the screen
$1.34
Valuation
0.00 trailing · 4.32 forward price to earnings
Values screen
FAIL· score 10.0
Beta
1.87
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
77.11%
Below 33%
Interest-bearing debt is 77.1% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
11.58%
Below 33%
Cash held in interest-bearing accounts and securities is 11.6% of assets, under the one-third limit.
Pass
Receivables
0.00%
Below 49%
Money owed to the company is 0.0% of assets, under the 49% limit.
Pass
Revenue purity
0.00%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Falls Short, in Plain English
Luna Innovations's business is in a permissible area, but its interest-bearing debt is about 77% of the company, well over the ~33% line, so it does not pass on the financial screens.
Read as at 2026-11-05. It updates when the underlying figures move, and past reads are kept below.
Follow this verdict
Get an email when LUNA's ethical verdict changes
Today LUNA does not pass the screen. If new figures move it to a pass, we send you one short email with the before and after. Verdicts change rarely, so you may not hear from us for a long time.
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What the Numbers Say It Is Worth
The Fair Value Range
Fair value under review. Its inputs are 49 days old; there is no analyst estimate to cross-check it; our model's value is 2.22x the price, above our 2.00x limit. We show no fair value, margin of safety or value read built on it until the review clears.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; it already moves more than the market on an average day.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
LUNA trades on PNK. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-11-01Accumulation$1.34+0.0%Entry 8
The analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are up 55%. Our forward projection puts the odds of a 10% gain over the next month near 29%.
2026-10-20Accumulation$1.34+0.0%Entry 7
The analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are up 55%. Our forward projection puts the odds of a 10% gain over the next month near 29%.
2026-10-02Accumulation$1.34+15.5%Entry 6
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 15.5% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are up 55%. Our forward projection puts the odds of a 10% gain over the next month near 29%.
2026-09-04Accumulation$1.16+0.0%Entry 5
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are up 55%. Our forward projection puts the odds of a 10% gain over the next month near 29%.
2026-08-04Accumulation$1.16+0.0%Entry 4
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are up 55%. Our forward projection puts the odds of a 10% gain over the next month near 29%.
2026-07-18Accumulation$1.16+0.0%Entry 3
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading neutral. Over the past year the shares are up 55%. Our forward projection puts the odds of a 10% gain over the next month near 29%.
2026-07-03Accumulation$1.16+0.0%Entry 2
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns.
2026-07-02Accumulation$1.16Entry 1
Our analysis reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.