Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, nLIGHT Inc’s stock clocked out at $12.77, down -0.55% from its previous closing price of $12.84. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.51 million shares were traded.
Ratios:
To gain a deeper understanding of LASR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.63 and its Current Ratio is at 5.81. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.14.
On October 03, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $15.50.
The Benchmark Company Upgraded its Hold to Speculative Buy on November 28, 2023, while the target price for the stock was maintained at $17.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 2.97.
Stock Price History:
Over the past 52 weeks, LASR has reached a high of $14.73, while it has fallen to a 52-week low of $6.20. The 50-Day Moving Average of the stock is 50.40%, while the 200-Day Moving Average is calculated to be 23.39%.
Shares Statistics:
A total of 49.44M shares are outstanding, with a floating share count of 46.79M. Insiders hold about 5.36% of the company’s shares, while institutions hold 84.23% stake in the company.
