Lightpath Technologies, Inc (NASDAQ:LPTH)’s traded shares stood at 0.48 million during the last session, with the company’s beta value hitting 0.89. At the close of trading, the stock’s price was $3.10, to imply an increase of 10.71% or $0.3 in intraday trading. The LPTH share’s 52-week high remains $4.42, putting it -42.58% down since that peak but still an impressive 66.45% since price per share fell to its 52-week low of $1.04.
Lightpath Technologies, Inc (NASDAQ:LPTH) trade information
After registering a 10.71% upside in the last session, Lightpath Technologies, Inc (LPTH) has traded red over the past five days. The 5-day price performance for the stock is 3.68%, and 16.98% over 30 days. With these gigs, the year-to-date price performance is -12.18%.
The extremes give us $5.5 and $5.5 for target low and target high price respectively. As such, LPTH has been trading -77.42% off suggested target high and -77.42% from its likely low.
Lightpath Technologies, Inc (LPTH) estimates and forecasts
The rating firms project that company’s revenue will grow 17.24% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 12.2M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 12.87M.Earnings reports from the last fiscal year show that sales brought in 8.63M and 8.4M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 41.31% before jumping 53.17% in the following quarter.
LPTH Dividends
Lightpath Technologies, Inc has its next earnings report out in July. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is AMH EQUITY LTD with 2.87 million shares, or about 7.395% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.62 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and ROYCE FUND-Royce Micro-Cap Fund as the top two Mutual Funds with the largest holdings of the Lightpath Technologies, Inc (LPTH) shares. Going by data provided on Mar 31, 2025 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 1.2 shares. This is just over 2.70% of the total shares, with a market valuation of $3.72 million. Data from the same date shows that the other fund manager holds a little less at 808.51, or 1.82% of the shares, all valued at about 2.51 million.
