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After finishing at $9.21 in the prior trading day, nLIGHT Inc (NASDAQ: LASR) closed at $8.94, down -2.93%. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 0.67 million shares were traded. LASR stock price reached its highest trading level at $9.3 during the session, while it also had its lowest trading level at $8.9.
Ratios:
Our goal is to gain a better understanding of LASR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.48 and its Current Ratio is at 5.67. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on October 03, 2024, initiated with a Overweight rating and assigned the stock a target price of $15.50.
On November 28, 2023, The Benchmark Company Upgraded its rating to Speculative Buy which previously was Hold but kept the price unchanged to $17.
Needham reiterated its Buy rating for the stock on November 28, 2023, while the target price for the stock was revised from $15 to $16.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’25 when Corso Joseph John sold 4,182 shares for $8.18 per share. The transaction valued at 34,209 led to the insider holds 131,956 shares of the business.
Corso Joseph John sold 2,500 shares of LASR for $23,100 on Mar 03 ’25. The Chief Financial Officer now owns 136,138 shares after completing the transaction at $9.24 per share. On Mar 04 ’25, another insider, Keeney Scott H, who serves as the President and CEO of the company, sold 53,511 shares for $8.17 each. As a result, the insider received 437,185 and left with 1,267,927 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LASR now has a Market Capitalization of 438337120 and an Enterprise Value of 349772960. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 2.02. Its current Enterprise Value per Revenue stands at 1.762 whereas that against EBITDA is -7.995.
Stock Price History:
The Beta on a monthly basis for LASR is 2.16, which has changed by -0.30751354 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, LASR has reached a high of $14.73, while it has fallen to a 52-week low of $7.94. The 50-Day Moving Average of the stock is -13.24%, while the 200-Day Moving Average is calculated to be -19.12%.
Shares Statistics:
The stock has traded on average 420.13K shares per day over the past 3-months and 447520 shares per day over the last 10 days, according to various share statistics. A total of 48.95M shares are outstanding, with a floating share count of 46.40M. Insiders hold about 5.36% of the company’s shares, while institutions hold 82.41% stake in the company. Shares short for LASR as of 1740700800 were 1304586 with a Short Ratio of 3.11, compared to 1738281600 on 1234115. Therefore, it implies a Short% of Shares Outstanding of 1304586 and a Short% of Float of 3.11.
