Lightpath Technologies, Inc (NASDAQ:LPTH) price on Thursday, July 03, rose 0.33% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.05.
A look at the stock’s price movement, the close in the last trading session was $3.04, moving within a range at $3.02 and $3.1. The beta value (5-Year monthly) was 0.896. Turning to its 52-week performance, $4.42 and $1.04 were the 52-week high and 52-week low respectively. Overall, LPTH moved 5.17% over the past month.
Lightpath Technologies, Inc’s market cap currently stands at around $130.84 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-15.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LPTH is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
LPTH’s current price about 1.36% and 13.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.04, while 7-day volatility ratio is 4.71% and 6.40% in the 30-day chart. Further, Lightpath Technologies, Inc (LPTH) has a beta value of 0.83. Analysts have given the company’s stock an average 52-week price target of $5.5, forecast between a low of $5.5 and high of $5.5. Looking at the price targets, the low is -80.33% off current price level while to achieve the yearly target high, price needs to move -80.33%. Nonetheless, investors will most likely welcome a -80.33% jump to $5.5 which is the analysts’ median price.
If we refocus on Lightpath Technologies, Inc (NASDAQ:LPTH), historical trading data shows that trading volumes averaged 0.14 over the past 10 days and 148.55K over the past 3 months. The company’s latest data on shares outstanding shows there are 42.89 million shares.
The 9.36% of Lightpath Technologies, Inc’s shares are in the hands of company insiders while institutional holders own 36.63% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.27 million on 2025-06-13, giving us a short ratio of 1.42. The data shows that as of 2025-06-13 short interest in Lightpath Technologies, Inc (LPTH) stood at 74.0 of shares outstanding, with shares short falling to 0.32 million registered in 2025-05-15. Current price change has pushed the stock 132.82% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LPTH stock continues to rise going into the next quarter.
