While Lightpath Technologies, Inc has underperformed by -6.44%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LPTH rose by 65.77%, with highs and lows ranging from $4.42 to $1.04, whereas the simple moving average jumped by 38.15% in the last 200 days.
On January 03, 2025, H.C. Wainwright Reiterated Lightpath Technologies, Inc (NASDAQ: LPTH) to Buy. A report published by H.C. Wainwright on February 23, 2021, Initiated its previous ‘Buy’ rating for LPTH. Dougherty & Company Initiated an Buy rating on October 06, 2017, and assigned a price target of $3.10. Dougherty & Company resumed its ‘Buy’ rating for LPTH, as published in its report on May 05, 2017. Dougherty & Company’s report from January 10, 2017 suggests a price prediction of $2.50 for LPTH shares, giving the stock a ‘Buy’ rating. ROTH Capital also rated the stock as ‘Buy’.
Analysis of Lightpath Technologies, Inc (LPTH)
Further, the quarter-over-quarter increase in sales is 1.49%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Lightpath Technologies, Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -30.42% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 408.42K can be a very valuable indicator of volatility for LPTH stock. On a monthly basis, the volatility of the stock is set at 9.53%, whereas on a weekly basis, it is put at 15.13%, with a loss of -27.78% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.25, showing growth from the present price of $2.47, which can serve as yet another indication of whether LPTH is worth investing in or should be passed over.
How Do You Analyze Lightpath Technologies, Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 9.47%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 40.34% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
