Laser Photonics Corp [NASDAQ: LASE] loss -7.43% or -0.16 points to close at $1.93 with a heavy trading volume of 113872 shares.
It opened the trading session at $2.1, the shares rose to $2.14 and dropped to $1.911, the range by which the price of stock traded the whole day. The daily chart for LASE points out that the company has recorded -64.19% loss over the past six months.
If we look at the average trading volume of 105.10K shares, LASE reached to a volume of 113872 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 0.20, with the Price to Sales ratio for LASE stock in the period of the last 12 months amounting to 10.68. The Price to Book ratio for the last quarter was 2.75, with the Price to Cash per share for the same quarter was set at 0.15.
Trading performance analysis for LASE stock
Laser Photonics Corp [LASE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.25. With this latest performance, LASE shares dropped by -29.04% in over the last four-week period, additionally sinking by -64.19% over the last 6 months – not to mention a drop of -3.50% in the past year of trading.
Laser Photonics Corp [LASE]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Laser Photonics Corp [LASE] shares currently have an operating margin of -140.12% and a Gross Margin at 29.68%. Laser Photonics Corp’s Net Margin is presently recorded at -408.81%.
Return on Equity for this stock declined to -28.63%, with Return on Assets sitting at -28.63%.
An analysis of Institutional ownership at Laser Photonics Corp [LASE]
There are presently around $36.49%, or 53.23%% of LASE stock, in the hands of institutional investors. The top three institutional holders of LASE stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 39550.0 shares, which is approximately 0.3735%. VANGUARD GROUP INC, holding 32357.0 shares of the stock with an approximate value of $$62125.0 in LASE stocks shares; and VANGUARD GROUP INC, currently with $$32191.0 in LASE stock with ownership which is approximately 0.1596%.
