LightPath Technologies (NASDAQ:LPTH – Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $8.40 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
LightPath Technologies Stock Performance
Shares of LPTH opened at $3.46 on Wednesday. The company has a current ratio of 1.73, a quick ratio of 1.03 and a debt-to-equity ratio of 0.03. The stock has a 50-day moving average price of $3.02 and a 200-day moving average price of $2.00. The company has a market cap of $137.26 million, a PE ratio of -15.73 and a beta of 1.01. LightPath Technologies has a 12-month low of $1.04 and a 12-month high of $4.42.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on LPTH shares. HC Wainwright increased their target price on LightPath Technologies from $3.00 to $5.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Lake Street Capital increased their price objective on LightPath Technologies from $3.00 to $4.00 and gave the company a “buy” rating in a research report on Friday, December 27th. StockNews.com downgraded LightPath Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, January 4th. Finally, LADENBURG THALM/SH SH increased their price target on shares of LightPath Technologies from $3.00 to $5.00 and gave the company a “buy” rating in a research report on Thursday, January 2nd.
About LightPath Technologies
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics.
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