On Friday, nLIGHT Inc (NASDAQ: LASR) trading session started at the price of On Friday, that was -3.66% drop from the session before settling in for the closing price of $10.37. A 52-week range for LASR has been $9.15 – $14.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales surged by 5.93% over the last five years. When this article was written, the company’s average yearly earnings per share was at -80.93%. With a float of $45.78 million, this company’s outstanding shares have now reached $48.34 million.
The firm has a total of 930 workers. Let’s measure their productivity. 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 5.46%, while institutional ownership is 83.30%. The most recent insider transaction that took place on Dec 23 ’24, was worth 149,250. In this transaction President and CEO of this company sold 15,000 shares at a rate of $9.95, taking the stock ownership to the 1,340,146 shares. Before that another transaction happened on Dec 24 ’24, when Company’s President and CEO sold 12,013 for $9.96, making the entire transaction worth $119,649. This insider now owns 1,340,146 shares in total.
nLIGHT Inc (LASR) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -80.93% 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 2.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.04, a number that is poised to hit -0.20 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of nLIGHT Inc (LASR)
Analysing the last 5-days average volume posted by the [nLIGHT Inc, LASR], we can find that recorded value of 0.27 million was lower than the volume posted last year of 0.39 million. As of the previous 9 days, the stock’s Stochastic %D was 10.05%. Additionally, its Average True Range was 0.55.
During the past 100 days, nLIGHT Inc’s (LASR) raw stochastic average was set at 15.07%, which indicates a significant increase from 11.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.64% in the past 14 days, which was lower than the 75.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.89, while its 200-day Moving Average is $11.44. Now, the first resistance to watch is $10.36. This is followed by the second major resistance level at $10.74. The third major resistance level sits at $11.03. If the price goes on to break the first support level at $9.69, it is likely to go to the next support level at $9.40. Should the price break the second support level, the third support level stands at $9.02.
nLIGHT Inc (NASDAQ: LASR) Key Stats
There are 48,429K outstanding shares of the company, which has a market capitalization of 483.82 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.
