For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Laser Photonics Corp (NASDAQ: LASE) closed at $2.46 down -2.77% from its previous closing price of $2.53. In other words, the price has decreased by -$2.77 from its previous closing price. On the day, 4.88 million shares were traded. LASE stock price reached its highest trading level at $2.67 during the session, while it also had its lowest trading level at $2.454.
Ratios:
For a deeper understanding of Laser Photonics Corp’s stock, let’s take a closer look at its various ratios. 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 35119452 and an Enterprise Value of 41574260. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.06 while its Price-to-Book (P/B) ratio in mrq is 8.10. Its current Enterprise Value per Revenue stands at 5.992 whereas that against EBITDA is -7.602.
Stock Price History:
The Beta on a monthly basis for LASE is 3.25, which has changed by -0.12765956 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, LASE has reached a high of $19.80, while it has fallen to a 52-week low of $1.84. The 50-Day Moving Average of the stock is -7.47%, while the 200-Day Moving Average is calculated to be -34.77%.
Shares Statistics:
For the past three months, LASE has traded an average of 229.70K shares per day and 625320 over the past ten days. A total of 14.28M shares are outstanding, with a floating share count of 5.45M. Insiders hold about 61.84% of the company’s shares, while institutions hold 3.55% stake in the company. Shares short for LASE as of 1753920000 were 765155 with a Short Ratio of 3.33, compared to 1751241600 on 557173. Therefore, it implies a Short% of Shares Outstanding of 765155 and a Short% of Float of 7.9.
