LNSR has 36-month beta value of 0.51. Analysts have mixed views 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% ratio of that float. The average trading volume of LNSR on May 10, 2024 was 42.69K shares.
LNSR) stock’s latest price update
LENSAR Inc (NASDAQ: LNSR) has experienced a rise in its stock price by 12.68 compared to its previous closing price of 3.39. However, the company has seen a gain of 22.44% 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.
LNSR’s Market Performance
LNSR’s stock has risen by 22.44% in the past week, with a monthly rise of 21.66% and a quarterly drop of -19.75%. The volatility ratio for the week is 9.41% while the volatility levels for the last 30 days are 8.47% for LENSAR Inc The simple moving average for the past 20 days is 19.62% for LNSR’s stock, with a 16.60% 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 6.59% 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 -27.92% of loss for the given period.
Volatility was left at 8.47%, however, over the last 30 days, the volatility rate increased by 9.41%, as shares surge +19.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.60% lower at present.
During the last 5 trading sessions, LNSR rose by +22.44%, which changed the moving average for the period of 200-days by +17.18% in comparison to the 20-day moving average, which settled at $3.22. In addition, LENSAR Inc saw 8.83% in overturn over a single year, with a tendency to cut further gains.
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:
- -0.23 for the present operating margin
- 0.5 for the gross margin
The net margin for LENSAR Inc stands at -0.28. The total capital return value is set at -0.19. 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 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -3.81. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 55.85.
Currently, EBITDA for the company is -8.71 million with net debt to EBITDA at 1.76. When we switch over and look at the enterprise to sales, we see a ratio of 0.71. The receivables turnover for the company is 11.06for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.99.
Conclusion
To put it simply, LENSAR Inc (LNSR) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
