Laser Photonics Corporation [LASE] is 71.57% higher this YTD. Is it still time to buy?

Laser Photonics Corporation [NASDAQ: LASE] stock went on an upward path that rose over 38.34% on Wednesday, amounting to a one-week price increase of more than 57.66%. The company report on January 11, 2023 that Laser Photonics to Host Exhibit Booth at SHOT Show 2023.

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Laser Photonics Corporation (NASDAQ:LASE), (“LPC”), a leading global industrial developer of Cleantech laser systems for laser cleaning and other materials applications, today announced will be attending and hosting an exhibit booth at the upcoming SHOT Show 2023 from January 17 -20, 2023 at The Venetian Expo and Caesars Forum in Las Vegas, NV.

“Laser Photonics will be showcasing our state-of-the-art CleanTech Laser Blasting and MarkStar laser marking and engraving technologies at SHOT Show 2023,” said Wayne Tupuola, CEO of Laser Photonics. “This will be our first time at this show and we look forward to the opportunity to show existing and potential customers the significant benefits of our technologies.”.

The market cap for the stock reached $26.04 million, with 7.88 million shares outstanding and 3.00 million shares in the current float. Compared to the average trading volume of 3.72M shares, LASE stock reached a trading volume of 18637128 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Laser Photonics Corporation [LASE]:

The Average True Range (ATR) for Laser Photonics Corporation is set at 0.35, with the Price to Sales ratio for LASE stock in the period of the last 12 months amounting to 5.21. The Price to Book ratio for the last quarter was 4.27, with the Price to Cash per share for the same quarter was set at 0.03.

LASE Stock Performance Analysis:

Laser Photonics Corporation [LASE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 57.66.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LASE stock in for the last two-week period is set at 74.49, with the RSI for the last a single of trading hit 83.00, and the three-weeks RSI is set at 67.30 for Laser Photonics Corporation [LASE]. The present Moving Average for the last 50 days of trading for this stock 2.34, while it was recorded at 2.57 for the last single week of trading.

Insight into Laser Photonics Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Laser Photonics Corporation [LASE] shares currently have an operating margin of +14.58 and a Gross Margin at +27.59. Laser Photonics Corporation’s Net Margin is presently recorded at +13.94.

Return on Equity for this stock inclined to 10.77, with Return on Assets sitting at 8.15.

Laser Photonics Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.00 and a Current Ratio set at 6.40.

Laser Photonics Corporation [LASE] Insider Position Details

There are presently around $0 million, or 0.90% of LASE stock, in the hands of institutional investors. The top three institutional holders of LASE stocks are: WARBERG ASSET MANAGEMENT LLC with ownership of 20,000, which is approximately New of the company’s market cap and around 62.00% of the total institutional ownership; JANE STREET GROUP, LLC, holding 14,651 shares of the stock with an approximate value of $51000.0 in LASE stocks shares; and POINT72 HONG KONG LTD, currently with $43000.0 in LASE stock with ownership of nearly New of the company’s market capitalization.

Positions in Laser Photonics Corporation stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 5 institutional holders increased their position in Laser Photonics Corporation [NASDAQ:LASE] by around 68,631 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 68,631 shares, according to the latest SEC report filing. LASE stock had 5 new institutional investments in for a total of 68,631 shares, while 0 institutional investors sold positions of 0 shares during the same period.


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