During the last session, Lightpath Technologies, Inc (NASDAQ:LPTH)’s traded shares were 0.32 million, with the beta value of the company hitting 0.90. At the end of the trading day, the stock’s price was $3.08, reflecting an intraday gain of 4.76% or $0.14. The 52-week high for the LPTH share is $4.42, that puts it down -43.51 from that peak though still a striking 66.23% gain since the share price plummeted to a 52-week low of $1.04. The company’s market capitalization is $132.13M, and the average intraday trading volume over the past 10 days was 0.21 million shares, and the average trade volume was 140.90K shares over the past three months.
Lightpath Technologies, Inc (NASDAQ:LPTH) trade information
Lightpath Technologies, Inc (LPTH) registered a 4.76% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.76% in intraday trading to $3.08, hitting a weekly high. The stock’s 5-day price performance is 10.00%, and it has moved by 39.37% in 30 days. Based on these gigs, the overall price performance for the year is 148.39%. The short interest in Lightpath Technologies, Inc (NASDAQ:LPTH) is 0.29 million shares and it means that shorts have 1.82 day(s) to cover.
The consensus price target of analysts on Wall Street is $5.5, which implies an increase of 44.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $5.5 respectively. As a result, LPTH is trading at a discount of -78.57% off the target high and -78.57% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -15.22%. While earnings are projected to return -12.38% in 2025.
LPTH Dividends
Lightpath Technologies, Inc is due to release its next quarterly earnings on 2025-May-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.87 million shares, is of AMH EQUITY LTD’s that is approximately 7.395% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.62 million.
