In last trading session, Lightpath Technologies, Inc (NASDAQ:LPTH) saw 0.38 million shares changing hands with its beta currently measuring 1.04. Company’s recent per share price level of $3.13 trading at -$0.17 or -5.15% at ring of the bell on the day assigns it a market valuation of $124.15M. That closing price of LPTH’s stock is at a discount of -41.21% from its 52-week high price of $4.42 and is indicating a premium of 66.77% from its 52-week low price of $1.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.73 million shares which gives us an average trading volume of 280.40K if we extend that period to 3-months.

Lightpath Technologies, Inc (NASDAQ:LPTH) trade information

Upright in the red during last session for losing -5.15%, in the last five days LPTH remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $3.13 price level, adding 29.19% to its value on the day. Lightpath Technologies, Inc’s shares saw a change of -11.33% in year-to-date performance and have moved -17.41% in past 5-day. Lightpath Technologies, Inc (NASDAQ:LPTH) showed a performance of 69.19% in past 30-days. Number of shares sold short was 72817.0 shares which calculate 0.31 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a fall of -4.33% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would jump 4.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 4.15% for stock’s current value.

Lightpath Technologies, Inc (LPTH) estimates and forecasts

Statistics highlight that Lightpath Technologies, Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 144.53% of value to its shares in past 6 months, showing an annual growth rate of 28.57% while that of industry is -1.00. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 10.37% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 8.36M for the same. And 4 analysts are in estimates of company making revenue of 8.61M in the next quarter. Company posted 7.32M and 7.7M of sales in current and next quarters respectively a year earlier.

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 -15.22% during past 5 years.

Lightpath Technologies, Inc (NASDAQ:LPTH)’s Major holders

Insiders are in possession of 2.85% of company’s total shares while institution are holding 46.79 percent of that, with stock having share float percentage of 48.16%. Investors also watch the number of corporate investors in a company very closely, which is 46.79% institutions for Lightpath Technologies, Inc that are currently holding shares of the company. AIGH CAPITAL MANAGEMENT LLC is the top institutional holder at LPTH for having 3.72 million shares of worth $4.69 million. And as of 2024-06-30, it was holding 9.8027 of the company’s outstanding shares.

The second largest institutional holder is AMH EQUITY LTD, which was holding about 2.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5628 of outstanding shares, having a total worth of $3.62 million.

On the other hand, Vanguard Total Stock Market Index Fund and Royce Micro-Cap Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.2 shares of worth $3.75 million or 3.02% of the total outstanding shares. The later fund manager was in possession of 852.68 shares on Sep 30, 2024 , making its stake of worth around $2.67 million in the company or a holder of 2.15% of company’s stock.