Lightpath Technologies Stock Price on December 12, 2024
| LPTH Stock | USD 3.25 0.56 20.82% |
Below is the normalized historical share price chart for LightPath Technologies extending back to February 22, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of LightPath Technologies stands at 3.25, as last reported on the 25th of December, with the highest price reaching 3.40 and the lowest price hitting 3.01 during the day.
If you're considering investing in LightPath Stock, it is important to understand the factors that can impact its price. LightPath Technologies is very risky given 3 months investment horizon. LightPath Technologies has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use LightPath Technologies Mean Deviation of 3.47, downside deviation of 3.33, and Risk Adjusted Performance of 0.2591 to evaluate company specific risk that cannot be diversified away.
As of now, LightPath Technologies' Common Stock Shares Outstanding is increasing as compared to previous years. The LightPath Technologies' current Common Stock Total Equity is estimated to increase to about 325.9 K, while Total Stockholder Equity is projected to decrease to under 21.6 M. . As of now, LightPath Technologies' Price Cash Flow Ratio is increasing as compared to previous years. The LightPath Technologies' current Price Fair Value is estimated to increase to 3.14, while Price To Sales Ratio is projected to decrease to 1.49. LightPath Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of February 1996 | 200 Day MA 1.4608 | 50 Day MA 1.7808 | Beta 1.304 |
LightPath |
Sharpe Ratio = 0.2926
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Estimated Market Risk
| 4.99 actual daily | 44 56% of assets are more volatile |
Expected Return
| 1.46 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average LightPath Technologies is performing at about 23% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of LightPath Technologies by adding it to a well-diversified portfolio.
Price Book 4.3781 | Enterprise Value Ebitda 133.448 | Price Sales 4.0223 | Shares Float 30.4 M | Wall Street Target Price 3 |
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LightPath Technologies Valuation on December 12, 2024
It is possible to determine the worth of LightPath Technologies on a given historical date. On December 12, 2024 LightPath was worth 1.94 at the beginning of the trading date compared to the closed value of 1.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LightPath Technologies stock. Still, in general, we apply an absolute valuation method to find LightPath Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of LightPath Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LightPath Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 1.94 | 1.97 | 1.85 | 1.93 | 266,872 | |
12/12/2024 | 1.94 | 1.96 | 1.88 | 1.94 | 192,862 |
| 1.97 | 2.26 | 1.95 | 2.23 | 853,467 |
| Backtest LightPath Technologies | | | LightPath Technologies History | | | LightPath Technologies Valuation | Previous | Next |
LightPath Technologies Trading Date Momentum on December 12, 2024
| On December 13 2024 LightPath Technologies was traded for 2.23 at the closing time. The top price for the day was 2.26 and the lowest listed price was 1.95 . The trading volume for the day was 853.5 K. The trading history from December 13, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 14.95% . The trading delta at closing time against the current closing price is 40.72% . |
LightPath Technologies Fundamentals Correlations and Trends
By evaluating LightPath Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LightPath Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LightPath financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LightPath Technologies Stock history
LightPath Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for LightPath is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LightPath Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing LightPath Technologies stock prices may prove useful in developing a viable investing in LightPath Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 37.9 M | 39.8 M | |
| Net Loss | -3.6 M | -3.5 M |
LightPath Technologies Quarterly Net Working Capital |
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LightPath Technologies Stock Technical Analysis
LightPath Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
LightPath Technologies Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
LightPath Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
LightPath Technologies December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how LightPath Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LightPath Technologies shares will generate the highest return on investment. By undertsting and applying LightPath Technologies stock market strength indicators, traders can identify LightPath Technologies entry and exit signals to maximize returns
LightPath Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LightPath Technologies' price direction in advance. Along with the technical and fundamental analysis of LightPath Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LightPath to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2591 | |||
| Jensen Alpha | 1.56 | |||
| Total Risk Alpha | 1.34 | |||
| Sortino Ratio | 0.4556 | |||
| Treynor Ratio | (5.27) |
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Complementary Tools for LightPath Stock analysis
When running LightPath Technologies' price analysis, check to measure LightPath Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LightPath Technologies is operating at the current time. Most of LightPath Technologies' value examination focuses on studying past and present price action to predict the probability of LightPath Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LightPath Technologies' price. Additionally, you may evaluate how the addition of LightPath Technologies to your portfolios can decrease your overall portfolio volatility.
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