LENSAR Inc (NASDAQ: LNSR)’s stock price has dropped by -7.41 in relation to previous closing price of 3.24. Nevertheless, the company has seen a loss of -7.69% in its stock price over the last five trading days. Business Wire reported 2024-02-26 that ORLANDO, Fla.–(BUSINESS WIRE)–LENSAR, Inc. (Nasdaq: LNSR) (“LENSAR” or “the Company”), a global medical technology company focused on advanced femtosecond laser solutions for the treatment of cataracts, today announced that the Company’s fourth quarter and full year 2023 financial results will be released before market open on Monday, March 4, 2024. LENSAR’s management will host a conference call and webcast at 8:30 am ET on Monday, March 4, 2024 to discuss the financial results and recent co.
Is It Worth Investing in LENSAR Inc (NASDAQ: LNSR) Right Now?
Moreover, the 36-month beta value for LNSR is 0.48. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LNSR is 9.36M and currently, short sellers hold a 0.73% of that float. On April 30, 2024, LNSR’s average trading volume was 41.80K shares.
LNSR’s Market Performance
LNSR stock saw a decrease of -7.69% in the past week, with a monthly decline of -11.69% and a quarterly a decrease of -10.45%. The volatility ratio for the week is 10.51%, and the volatility levels for the last 30 days are 10.03% for LENSAR Inc (LNSR). The simple moving average for the past 20 days is -7.09% for LNSR’s stock, with a -8.83% simple moving average for the past 200 days.
Analysts’ Opinion of LNSR
Many brokerage firms have already submitted their reports for LNSR stocks, with SVB Leerink repeating the rating for LNSR by listing it as a “Outperform.” The predicted price for LNSR in the upcoming period, according to SVB Leerink is $20 based on the research report published on February 24, 2021 of the previous year 2021.
LNSR Trading at -21.53% from the 50-Day Moving Average
After a stumble in the market that brought LNSR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.40% of loss for the given period.
Volatility was left at 10.03%, however, over the last 30 days, the volatility rate increased by 10.51%, as shares sank -11.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.96% lower at present.
During the last 5 trading sessions, LNSR fell by -7.69%, which changed the moving average for the period of 200-days by -18.92% in comparison to the 20-day moving average, which settled at $3.21. In addition, LENSAR Inc saw -14.53% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LNSR starting from Winer Gary M, who purchase 300 shares at the price of $2.10 back on Nov 22 ’23. After this action, Winer Gary M now owns 53,345 shares of LENSAR Inc, valued at $630 using the latest closing price.
Winer Gary M, the Director of LENSAR Inc, purchase 1,000 shares at $2.12 during a trade that took place back on Nov 16 ’23, which means that Winer Gary M is holding 53,045 shares at $2,125 based on the most recent closing price.
Stock Fundamentals for LNSR
Current profitability levels for the company are sitting at:
- -0.29 for the present operating margin
- 0.49 for the gross margin
The net margin for LENSAR Inc stands at -0.35. The total capital return value is set at -0.21. Equity return is now at value -32.26, with -22.93 for asset returns.
Based on LENSAR Inc (LNSR), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at -4.18.
Currently, EBITDA for the company is -8.71 million with net debt to EBITDA at 2.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 9.75for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.99.
Conclusion
To wrap up, the performance of LENSAR Inc (LNSR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
