Equities researchers at StockNews.com began coverage on shares of LightPath Technologies (NASDAQ:LPTH – Get Rating) in a research note issued on Friday. The brokerage set a “hold” rating on the technology company’s stock.
LightPath Technologies Price Performance
NASDAQ LPTH opened at $1.17 on Friday. The stock’s 50-day moving average price is $1.56 and its two-hundred day moving average price is $1.61. The company has a current ratio of 2.35, a quick ratio of 1.45 and a debt-to-equity ratio of 0.11. The company has a market cap of $31.67 million, a PE ratio of -9.00 and a beta of 1.65. LightPath Technologies has a 1 year low of $1.07 and a 1 year high of $2.87.
LightPath Technologies (NASDAQ:LPTH – Get Rating) last posted its quarterly earnings data on Wednesday, September 14th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03). LightPath Technologies had a negative return on equity of 11.19% and a negative net margin of 9.96%. During the same period last year, the company posted ($0.11) EPS. On average, analysts predict that LightPath Technologies will post -0.01 EPS for the current year.
Hedge Funds Weigh In On LightPath Technologies
About LightPath Technologies
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. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries.
- Get a free copy of the StockNews.com research report on LightPath Technologies (LPTH)
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