On Monday, Lightpath Technologies, Inc (NASDAQ: LPTH) was 14.08% up from the session before settling in for the closing price of $9.02. A 52-week range for LPTH has been $1.61 – $10.69.
When this article was written, the company’s average yearly earnings per share was at 65.28%. With a float of $49.93 million, this company’s outstanding shares have now reached $53.28 million.
Lightpath Technologies, Inc (LPTH) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lightpath Technologies, Inc stocks. The insider ownership of Lightpath Technologies, Inc is 6.28%, while institutional ownership is 36.73%.
Lightpath Technologies, Inc (LPTH) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.07 earnings per share (EPS) during the time that was less than consensus figure (set at -0.04) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 65.28% per share during the next fiscal year.
Lightpath Technologies, Inc (NASDAQ: LPTH) Trading Performance Indicators
You can see what Lightpath Technologies, Inc (LPTH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.26. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 12.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Lightpath Technologies, Inc (LPTH)
The latest stats from [Lightpath Technologies, Inc, LPTH] show that its last 5-days average volume of 2.07 million was superior to 0.79 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 89.70%.
During the past 100 days, Lightpath Technologies, Inc’s (LPTH) raw stochastic average was set at 94.54%, which indicates a significant increase from 92.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.82 in the past 14 days, which was higher than the 0.71 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.87, while its 200-day Moving Average is $4.81. Now, the first resistance to watch is $11.01. This is followed by the second major resistance level at $11.72. The third major resistance level sits at $12.90. If the price goes on to break the first support level at $9.12, it is likely to go to the next support level at $7.94. The third support level lies at $7.23 if the price breaches the second support level.
Lightpath Technologies, Inc (NASDAQ: LPTH) Key Stats
There are 45,530K outstanding shares of the company, which has a market capitalization of 548.26 million. As of now, sales total 37,200 K while income totals -14,870 K. Its latest quarter income was 15,060 K while its last quarter net income were -2,890 K.
