Laser Photonics (NASDAQ:LASE) Upgraded at Wall Street Zen

Laser Photonics (NASDAQ:LASE) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Sunday.

Laser Photonics Stock Performance

Shares of LASE stock opened at $4.20 on Friday. The firm’s 50 day moving average price is $3.13 and its 200-day moving average price is $2.91. Laser Photonics has a one year low of $1.71 and a one year high of $19.80. The firm has a market cap of $59.96 million, a P/E ratio of -14.00 and a beta of 3.24.

Laser Photonics (NASDAQ:LASE) last issued its quarterly earnings data on Friday, August 15th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $2.60 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Laser Photonics stock. OLD National Bancorp IN bought a new stake in Laser Photonics Co. (NASDAQ:LASE) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 14,000 shares of the company’s stock, valued at approximately $43,000. OLD National Bancorp IN owned about 0.10% of Laser Photonics at the end of the most recent reporting period. 1.90% of the stock is currently owned by hedge funds and other institutional investors.

About Laser Photonics

Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-50-CTHD, an entry-level dual axis laser cleaning and surface treatment system; CleanTech Handheld LPC-100-CTHD, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200-CTHD for cleaning rust, remove paints, and other coatings; CleanTech Handheld LPC-300-CTHD, a air-cooled laser system; CleanTech Handheld LPC-1000-CTHS, a single axis laser cleaning and surface treatment system; CleanTech Handheld LPC-1000-CTHD, a portable handheld roughing laser cleaner; CleanTech Handheld-1500-CTHS, an handheld laser cleaning, roughing, and surface preparation system; CleanTech Handheld-1500-CTHD, a dual axis fiber laser system; CleanTech Handheld LPC-2000-CTHD for cleaning rust and remove coatings; CleanTech LPC-3000-CTHD for cleaning and removing rust, corrosion, and other materials; CleanTech Laser Blaster Cabinet, a laser cleaning machine; CleanTech Robotic Cell Enclosure, an AI-capable laser cleaning system that eliminates the concerns over human hazard and eye safety; CleanTech EZ- Rider, a laser cleaning tool; and CleanTech Robot, an industrial robotic laser cleaning system.