Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Lightpath Technologies, Inc’s stock clocked out at $3.89, down -8.25% from its previous closing price of $4.24. In other words, the price has decreased by -$8.25 from its previous closing price. On the day, 0.69 million shares were traded. LPTH stock price reached its highest trading level at $4.24 during the session, while it also had its lowest trading level at $3.74.
Ratios:
To gain a deeper understanding of LPTH’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, H.C. Wainwright on January 03, 2025, Reiterated its Buy rating but revised its target price to $5 from $3 previously.
On February 23, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $5.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LPTH now has a Market Capitalization of 154296464 and an Enterprise Value of 162804768. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.81 while its Price-to-Book (P/B) ratio in mrq is 5.23. Its current Enterprise Value per Revenue stands at 5.08 whereas that against EBITDA is -45.118.
Stock Price History:
Over the past 52 weeks, LPTH has reached a high of $4.42, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 80.99%, while the 200-Day Moving Average is calculated to be 149.34%.
Shares Statistics:
It appears that LPTH traded 255.39K shares on average per day over the past three months and 694660 shares per day over the past ten days. A total of 39.61M shares are outstanding, with a floating share count of 36.03M. Insiders hold about 9.15% of the company’s shares, while institutions hold 40.46% stake in the company. Shares short for LPTH as of 1734048000 were 72817 with a Short Ratio of 0.29, compared to 1731628800 on 48382. Therefore, it implies a Short% of Shares Outstanding of 72817 and a Short% of Float of 0.19.
