Is Laser Photonics Corp (NASDAQ:LASE) Expensive At $3.40? Here’s How To Know.

In last trading session, Laser Photonics Corp (NASDAQ:LASE) saw 0.66 million shares changing hands with its beta currently measuring 2.93. Company’s recent per share price level of $3.40 trading at $0.14 or 4.29% at ring of the bell on the day assigns it a market valuation of $41.72M. That closing price of LASE’s stock is at a discount of -42.06% from its 52-week high price of $4.83 and is indicating a premium of 80.29% from its 52-week low price of $0.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.71 million shares which gives us an average trading volume of 237.31K if we extend that period to 3-months.

Laser Photonics Corp (NASDAQ:LASE) trade information

Upright in the green during last session for gaining 4.29%, in the last five days LASE remained trading in the green while hitting it’s week-highest on Tuesday, 08/13/24 when the stock touched $3.40 price level, adding 29.61% to its value on the day. Laser Photonics Corp’s shares saw a change of 188.14% in year-to-date performance and have moved 4.94% in past 5-day. Laser Photonics Corp (NASDAQ:LASE) showed a performance of 70.85% in past 30-days. Number of shares sold short was 0.23 million shares which calculate 0.82 days to cover the short interests.

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Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -287.00% during past 5 years.

Laser Photonics Corp (NASDAQ:LASE)’s Major holders

Insiders are in possession of 28.03% of company’s total shares while institution are holding 37.46 percent of that, with stock having share float percentage of 52.05%. Investors also watch the number of corporate investors in a company very closely, which is 37.46% institutions for Laser Photonics Corp that are currently holding shares of the company.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024 , the former fund manager was holding 32.36 shares of worth $0.11 million or 0.26% of the total outstanding shares. The later fund manager was in possession of 23.57 shares on Jun 30, 2024 , making its stake of worth around $80141.0 in the company or a holder of 0.19% of company’s stock.