Laser Photonics Corp [NASDAQ: LASE] traded at a low on Wednesday, posting a -40.87 loss after which it closed the day’ session at $5.41.
The results of the trading session contributed to over 4148695 shares changing hands. Over the past one week, the price volatility of Laser Photonics Corp stands at 46.42% while the volatility over the past one month is 29.10%.
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The market cap for LASE stock reached $66.38 million, with 9.25 million shares outstanding and 4.48 million shares in the current float. Compared to the average trading volume of 543.36K shares, LASE reached a trading volume of 4148695 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Laser Photonics Corp [LASE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LASE shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LASE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Laser Photonics Corp is set at 1.24, with the Price to Sales ratio for LASE stock in the period of the last 12 months amounting to 21.41. The Price to Book ratio for the last quarter was 6.44, with the Price to Cash per share for the same quarter was set at 0.22.
How has LASE stock performed recently?
Laser Photonics Corp [LASE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.90. With this latest performance, LASE shares gained by 24.65% in over the last four-week period, additionally plugging by 194.02% over the last 6 months – not to mention a rise of 155.19% in the past year of trading.
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 55.79, with the RSI for the last a single of trading hit 53.66, and the three-weeks RSI is set at 56.82 for Laser Photonics Corp [LASE]. The present Moving Average for the last 50 days of trading for this stock 2.97, while it was recorded at 6.47 for the last single week of trading, and 1.91 for the last 200 days.
Laser Photonics Corp [LASE]: Deeper insight into the fundamentals
Laser Photonics Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.81 and a Current Ratio set at 9.20.
Insider trade positions for Laser Photonics Corp [LASE]
There are presently around $37.46%, or 52.05%% of LASE stock, in the hands of institutional investors.
