The stock price of Laser Photonics Corp (NASDAQ: LASE) has plunged by -21.56 when compared to previous closing price of 4.36, but the company has seen a 21.28% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-30 that Laser Photonics Corporation (NASDAQ:LASE ) Q2 2024 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Brian Siegel – Senior Managing Director, Hayden IR Wayne Tupuola – Chairman, President and Chief Executive Officer Carlos Sardinas – Vice President of Finance Brian Siegel Thank you, operator. With me today are Wayne Tupuola, Laser Photonics’ CEO; and Carlos Sardinas, the Company’s VP of Finance.
Is It Worth Investing in Laser Photonics Corp (NASDAQ: LASE) Right Now?
The 36-month beta value for LASE is also noteworthy at 2.98. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for LASE is 4.48M, and at present, short sellers hold a 7.43% of that float. The average trading volume of LASE on September 03, 2024 was 350.50K shares.
LASE’s Market Performance
The stock of Laser Photonics Corp (LASE) has seen a 21.28% increase in the past week, with a 56.88% rise in the past month, and a 69.31% gain in the past quarter. The volatility ratio for the week is 25.62%, and the volatility levels for the past 30 days are at 23.86% for LASE. The simple moving average for the past 20 days is 7.10% for LASE’s stock, with a 98.98% simple moving average for the past 200 days.
LASE Trading at 42.76% from the 50-Day Moving Average
After a stumble in the market that brought LASE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.19% of loss for the given period.
Volatility was left at 23.86%, however, over the last 30 days, the volatility rate increased by 25.62%, as shares surge +39.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +74.50% upper at present.
During the last 5 trading sessions, LASE rose by +21.28%, which changed the moving average for the period of 200-days by +331.55% in comparison to the 20-day moving average, which settled at $3.24. In addition, Laser Photonics Corp saw 189.83% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for LASE
Current profitability levels for the company are sitting at:
- -1.49 for the present operating margin
- 0.28 for the gross margin
The net margin for Laser Photonics Corp stands at -1.62. The total capital return value is set at -0.44. Equity return is now at value -33.37, with -31.37 for asset returns.
Based on Laser Photonics Corp (LASE), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -14.87. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 23.14.
Currently, EBITDA for the company is -3.05 million with net debt to EBITDA at 0.61. When we switch over and look at the enterprise to sales, we see a ratio of 12.77. The receivables turnover for the company is 6.95for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.20.
Conclusion
In summary, Laser Photonics Corp (LASE) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
