Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Laser Photonics Corp (NASDAQ: LASE) was $2.92 for the day, down -3.31% from the previous closing price of $3.02. In other words, the price has decreased by -$3.31 from its previous closing price. On the day, 1.85 million shares were traded. LASE stock price reached its highest trading level at $3.07 during the session, while it also had its lowest trading level at $2.7011.
Ratios:
Our analysis of LASE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 0.98.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LASE now has a Market Capitalization of 65634500 and an Enterprise Value of 48141288. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.46 while its Price-to-Book (P/B) ratio in mrq is 9.61. Its current Enterprise Value per Revenue stands at 6.939 whereas that against EBITDA is -8.803.
Stock Price History:
The Beta on a monthly basis for LASE is 3.33, which has changed by -0.4280303 over the last 52 weeks, in comparison to a change of 0.12469888 over the same period for the S&P500. Over the past 52 weeks, LASE has reached a high of $7.31, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is -20.81%, while the 200-Day Moving Average is calculated to be -7.66%.
Shares Statistics:
LASE traded an average of 2.93M shares per day over the past three months and 205300 shares per day over the past ten days. A total of 14.28M shares are outstanding, with a floating share count of 9.95M. Insiders hold about 55.74% of the company’s shares, while institutions hold 6.27% stake in the company. Shares short for LASE as of 1763078400 were 1072752 with a Short Ratio of 0.37, compared to 1760486400 on 1312215. Therefore, it implies a Short% of Shares Outstanding of 1072752 and a Short% of Float of 9.1800004.
