Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Laser Photonics Corp (NASDAQ: LASE) closed the day trading at $2.19 up 5.80% from the previous closing price of $2.07. In other words, the price has increased by $5.80 from its previous closing price. On the day, 0.6 million shares were traded. LASE stock price reached its highest trading level at $2.27 during the session, while it also had its lowest trading level at $2.09.
Ratios:
For a better understanding of LASE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.64 and its Current Ratio is at 6.14. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 20302220 and an Enterprise Value of 14643612. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.15 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 3.717 whereas that against EBITDA is -4.475.
Stock Price History:
Over the past 52 weeks, LASE has reached a high of $4.48, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 33.80%, while the 200-Day Moving Average is calculated to be 45.41%.
Shares Statistics:
Over the past 3-months, LASE traded about 2.35M shares per day on average, while over the past 10 days, LASE traded about 270130 shares per day. A total of 9.25M shares are outstanding, with a floating share count of 3.79M. Insiders hold about 59.11% of the company’s shares, while institutions hold 1.61% stake in the company. Shares short for LASE as of 1713139200 were 573250 with a Short Ratio of 0.24, compared to 1710460800 on 105566. Therefore, it implies a Short% of Shares Outstanding of 573250 and a Short% of Float of 12.93.
