On Tuesday, nLIGHT Inc (NASDAQ: LASR) was 4.22% up from the session before settling in for the closing price of $10.43. A 52-week range for LASR has been $9.80 – $15.00.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 3.20%. When this article was written, the company’s average yearly earnings per share was at -61.43%. With a float of $45.78 million, this company’s outstanding shares have now reached $47.27 million.
Considering the fact that the conglomerate employs 930 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 20.53%, operating margin of -25.97%, and the pretax margin is -23.89%.
nLIGHT Inc (LASR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward nLIGHT Inc stocks. The insider ownership of nLIGHT Inc is 5.47%, while institutional ownership is 82.28%. The most recent insider transaction that took place on Nov 19 ’24, was worth 159,261. Before that another transaction happened on Nov 18 ’24, when Company’s Officer proposed sale 15,000 for $10.35, making the entire transaction worth $155,259.
nLIGHT Inc (LASR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -61.43% per share during the next fiscal year.
nLIGHT Inc (NASDAQ: LASR) Trading Performance Indicators
You can see what nLIGHT Inc (LASR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.04, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.46 in one year’s time.
Technical Analysis of nLIGHT Inc (LASR)
Compared to the last year’s volume of 0.25 million, its volume of 0.44 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 8.68%. Additionally, its Average True Range was 0.76.
During the past 100 days, nLIGHT Inc’s (LASR) raw stochastic average was set at 21.73%, which indicates a significant increase from 17.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 130.09% in the past 14 days, which was higher than the 73.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.21, while its 200-day Moving Average is $11.93. Nevertheless, the first resistance level for the watch stands at $11.25 in the near term. At $11.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.24. If the price goes on to break the first support level at $10.26, it is likely to go to the next support level at $9.66. Should the price break the second support level, the third support level stands at $9.27.
nLIGHT Inc (NASDAQ: LASR) Key Stats
There are 48,429K outstanding shares of the company, which has a market capitalization of 526.43 million. As of now, sales total 209,920 K while income totals -41,670 K. Its latest quarter income was 56,130 K while its last quarter net income were -10,340 K.
