LightPath Technologies (NASDAQ:LPTH – Get Free Report) is projected to release its earnings data after the market closes on Thursday, February 13th. Analysts expect LightPath Technologies to post earnings of ($0.04) per share and revenue of $8.40 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
LightPath Technologies Price Performance
Shares of LightPath Technologies stock opened at $3.46 on Wednesday. The company has a market cap of $137.26 million, a PE ratio of -15.73 and a beta of 1.01. The business has a 50 day moving average of $3.02 and a 200 day moving average of $2.00. LightPath Technologies has a 52 week low of $1.04 and a 52 week high of $4.42. The company has a quick ratio of 1.03, a current ratio of 1.73 and a debt-to-equity ratio of 0.03.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the stock. LADENBURG THALM/SH SH raised their target price on shares of LightPath Technologies from $3.00 to $5.00 and gave the stock a “buy” rating in a research report on Thursday, January 2nd. Lake Street Capital raised their price objective on shares of LightPath Technologies from $3.00 to $4.00 and gave the stock a “buy” rating in a report on Friday, December 27th. StockNews.com downgraded LightPath Technologies from a “hold” rating to a “sell” rating in a report on Saturday, January 4th. Finally, HC Wainwright increased their target price on LightPath Technologies from $3.00 to $5.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd.
LightPath Technologies Company Profile
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.
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