Laser Photonics Corp (NASDAQ: LASE): Retirees Don’t Worry About Volatility

Laser Photonics Corp (NASDAQ:LASE) currently has a daily average trading volume of 3.01M but it saw 2290975 shares traded in last market. With a market cap of 87.85M USD, the company’s current market price of $6.38 came falling about -20.55 while comparing to the previous closing price of $8.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.80 and as low as $0.67. In the recent trading on the day, stock has struck highest price mark of $5.86 while lowest mark touched by it was $7.85.

Taking a look at 20-day trading activity of Laser Photonics Corp (LASE) gives us an average price of $10.57, while its current price level is -67.78% below from 52-week high level whereas it is 852.24% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $7.01 while that of 200 days or SMA-200 reads an average of $3.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.30% during that period while stretching the period over a month that increases to 31.86%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.11 which implies that the stock is in neutral territory.

Over the week, LASE’s stock price is moving -23.13% down while it is -24.14% when we observe its performance for the past one month. Year-to-date it is 440.68% up and over the past year, the stock is showing an upside performance of 418.70%.

Currently, Laser Photonics Corp’s total number of outstanding shares is 9.25M. Company’s return on investment (ROI) stands at -95.69% and return on equity (ROE) at -24.77%. Stock’s beta reads 3.36. Stock has a price to book (P/B) ratio of 7.60 while price to sale or P/S ratio amounts to 28.34. Its return on asset (ROA) is -23.29% on average.