Lightpath Technologies, Inc (NASDAQ:LPTH) shares, rose in value on Wednesday, June 18, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.94.
Actively observing the price movement in the last trading, the stock closed the session at $2.94, falling within a range of $2.93 and $3.0399. The value of beta (5-year monthly) was 0.896. Referring to stock’s 52-week performance, its high was $4.42, and the low was $1.04. On the whole, LPTH has fluctuated by 19.51% over the past month.
With the market capitalization of Lightpath Technologies, Inc currently standing at about $126.12 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-15.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 37.2M, with a low estimate of 11.94M and a high estimate of 12.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 12.2M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LPTH’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 25% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of LPTH currently trading nearly 4.98% and 19.72% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.05, while the 7-day volatility ratio is showing 6.19% which for the 30-day chart, stands at 5.40%. Furthermore, Lightpath Technologies, Inc (LPTH)’s beta value is 0.90, and its average true range (ATR) is 0.20.
A comparison of Lightpath Technologies, Inc (LPTH) with its peers suggests the former has fared considerably weaker in the market. LPTH showed an intraday change of 0.00% in last session, and over the past year, it grew by 140.98%%.
Data on historical trading for Lightpath Technologies, Inc (NASDAQ:LPTH) indicates that the trading volumes over the past 10 days have averaged 0.18 and over the past 3 months, they’ve averaged 141.87K. According to company’s latest data on outstanding shares, there are 42.89 million shares outstanding.
Nearly 9.36% of Lightpath Technologies, Inc’s shares belong to company insiders and institutional investors own 36.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.29 million shares as on 2025-05-30, resulting in a short ratio of 1.82. According to the data, the short interest in Lightpath Technologies, Inc (LPTH) stood at 80.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.32 million. The stock has fallen by -16.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LPTH stock heading into the next quarter.
