Do LightPath Technologies Inc. (LPTH) beta value of 1.51 signposts another twist?

LightPath Technologies Inc. (LPTH) is priced at $4.93 after the most recent trading session. At the very opening of the session, the stock price was $4.35 and reached a high price of $4.44, prior to closing the session it reached the value of $4.20. The stock touched a low price of $4.02.

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Recently in News on January 15, 2021, LightPath Technologies Grows International Presence with New European Sales Office. LightPath Technologies, Inc. (NASDAQ:LPTH) (“LightPath,” the “Company, “or “we”), a leading vertically integrated global manufacturer and integrator of proprietary optical and infrared components and high-level assemblies, is pleased to announce the opening of it’s newest sales office in Germany to stimulate sales of its expanding range of products in Europe. You can read further details here


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LightPath Technologies Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.45 on 01/15/21, with the lowest value was $3.64 for the same time period, recorded on 01/12/21.

LightPath Technologies Inc. (LPTH) full year performance was 531.77%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, LightPath Technologies Inc. shares are logging -1.00% during the 52-week period from high price, and 691.21% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.62 and $4.98.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1932330 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the LightPath Technologies Inc. (LPTH) recorded performance in the market was 7.14%, having the revenues showcasing 70.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 111.43M, as it employees total of 363 workers.

Analysts verdict on LightPath Technologies Inc. (LPTH)

During the last month, 0 analysts gave the LightPath Technologies Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.86, with a change in the price was noted +2.30. In a similar fashion, LightPath Technologies Inc. posted a movement of +88.12% for the period of last 100 days, recording 432,391 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LPTH is recording 0.16 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.13.

LightPath Technologies Inc. (LPTH): Technical Analysis

Raw Stochastic average of LightPath Technologies Inc. in the period of last 50 days is set at 83.13%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 75.83%. In the last 20 days, the company’s Stochastic %K was 64.66% and its Stochastic %D was recorded 54.55%.

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Let’s take a glance in the erstwhile performances of LightPath Technologies Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 7.14%. Additionally, trading for the stock in the period of the last six months notably improved by 34.19%, alongside a boost of 531.77% for the period of the last 12 months. The shares increased approximately by 9.38% in the 7-day charts and went down by 43.34% in the period of the last 30 days. Common stock shares were driven by 70.04% during last recorded quarter.

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