Laser Photonics Corp (NASDAQ:LASE) does about 661.52K shares in volume on a normal day but saw 1599234 shares change hands in the recent trading day. The company now has a market cap of 94.97M USD. Its current market price is $7.74, marking an increase of 27.93% compared to the previous close of $6.05. The 52 week high reached by this stock is $9.36 whilst the lowest price level in 52 weeks is $0.67.
Laser Photonics Corp (LASE) has a 20-day trading average at $4.71 and the current price is -17.31% off the 52-week high compared with 1055.22% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.32 and its 200-day simple moving average is $2.02. If we look at the stock’s price movements over the week, volatility stands at 41.57%, which decreases to 28.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 64.21 to suggest the stock is neutral.
The consensus objective for the share price is $10.00, suggesting that the stock has a potential upside of 22.6% over the period.
The current price level is 72.43%, 141.59%, and 290.55% away from its SMA20, SMA50, and SMA200 respectively, with the LASE price moving below the 50-day SMA on current market day. Laser Photonics Corp (LASE) stock is down -15.41% over the week and 127.65% over the past month. Its price is 555.93% year-to-date and 305.24% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 22.6 percent from here.
Outstanding shares total 9.25M with insiders holding 28.03% of the shares and institutional holders owning 37.46% of the company’s common stock. The company has a return on investment of -106.97% and return on equity of -33.37%. The beta has a value of 2.81. Price to book ratio is 9.22 and price to sales ratio is 30.64.
