The 36-month beta value for LASE is at 3.43. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LASE is 4.94M, and currently, shorts hold a 12.65% of that float. The average trading volume for LASE on October 14, 2024 was 3.03M shares.
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LASE) stock’s latest price update
The stock of Laser Photonics Corp (NASDAQ: LASE) has increased by 0.43 when compared to last closing price of 8.53.Despite this, the company has seen a gain of 98.31% in its stock price over the last five trading days. accesswire.com reported 2024-10-13 that NEW YORK, NY / ACCESSWIRE / October 13, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Laser Photonics Corporation (“Laser Photonics” or the “Company”) (NASDAQ:LASE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
LASE’s Market Performance
LASE’s stock has risen by 98.31% in the past week, with a monthly rise of 56.62% and a quarterly rise of 343.88%. The volatility ratio for the week is 44.40% while the volatility levels for the last 30 days are 33.63% for Laser Photonics Corp The simple moving average for the last 20 days is -19.69% for LASE’s stock, with a simple moving average of 191.27% for the last 200 days.
LASE Trading at 27.72% 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 -56.73% of loss for the given period.
Volatility was left at 33.63%, however, over the last 30 days, the volatility rate increased by 44.40%, as shares surge +42.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +251.22% upper at present.
During the last 5 trading sessions, LASE rose by +99.19%, which changed the moving average for the period of 200-days by +546.99% in comparison to the 20-day moving average, which settled at $10.67. In addition, Laser Photonics Corp saw 626.01% 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 -24.77, with -23.29 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 37.77. 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 conclusion, Laser Photonics Corp (LASE) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
