Laser Photonics Corp (NASDAQ:LASE) traded at $8.60 at close of the session on current trade day and made an upward move of 0.82% on its previous day’s price.
Looking at the stock we see that its previous close was $8.53 and the beta (5Y monthly) reads 3.23 with the day’s price range being $8.47 – $9.3199. In terms of its 52-week price range, LASE has a high of $19.80 and a low of $0.67. The company’s stock has gained about 57.22% over that past 30 days.
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Laser Photonics Corp has a market cap of $118.42 million and is expected to release its quarterly earnings report in November.
On the other hand, looking at the outlook for the LASE stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is -19.39% off its SMA20 and 28.20% from its 50-day simple moving average. The RSI (14) is pointing at 49.54 while the volatility over the past week is 38.87% and jumps to 32.90% over the past one month. The beta value is 3.43, while the average true range (ATR) is currently pointing at 2.47.
Coming back to Laser Photonics Corp (NASDAQ:LASE), we note that the average 3-month trading volume was 3.03 million, while that of the preceding 10-day period stands at 12.61 million. Current shares outstanding are 9.25 million.
The insiders hold 64.14% of the company’s shares while institutions hold 1.15%. The data shows that short shares as of 2024-09-30, stood at 0.62 million at a short ratio of 0.26. This represents a 835.00 short interest in shares outstanding on 2024-09-30. Shares short fall in September from the previous month at 0.65 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 628.81% up in year-to-date price movement.
