Research analysts at StockNews.com initiated coverage on shares of LightPath Technologies (NASDAQ:LPTH – Get Rating) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the technology company’s stock.
Separately, HC Wainwright reissued a “buy” rating and issued a $3.00 target price on shares of LightPath Technologies in a research note on Thursday, April 20th.
LightPath Technologies Trading Down 2.6 %
NASDAQ LPTH opened at $1.50 on Friday. LightPath Technologies has a 12 month low of $0.99 and a 12 month high of $2.05. The stock has a market cap of $56.00 million, a P/E ratio of -9.38 and a beta of 1.61. The stock’s fifty day moving average price is $1.40 and its 200-day moving average price is $1.39. The company has a current ratio of 3.14, a quick ratio of 2.04 and a debt-to-equity ratio of 0.05.
Institutional Investors Weigh In On LightPath Technologies
About LightPath Technologies
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical and infrared components. Its products include molded glass and assemblies, infrared molded lenses, diamond turned, conventional ground and polished ground lenses and assemblies, and collimator assemblies, which are used in applications involving light detection and ranging technology.
- Get a free copy of the StockNews.com research report on LightPath Technologies (LPTH)
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