A share price of nLIGHT Inc [LASR] is currently trading at $13.23, up 28.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LASR shares have gain 19.19% over the last week, with a monthly amount glided 22.16%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
nLIGHT Inc [NASDAQ: LASR] stock has seen the most recent analyst activity on October 03, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $15.50. Previously, The Benchmark Company upgraded its rating to Speculative Buy on November 28, 2023, and kept the price target unchanged to $17. On November 28, 2023, Needham reiterated its Buy rating and revised its price target to $16 on the stock. CL King started tracking the stock assigning a Neutral rating. Craig Hallum downgraded its rating to Hold for this stock on February 18, 2022, but kept the price target unchanged to $18.
nLIGHT Inc experienced fluctuations in its stock price throughout the past year between $8.13 and $15.00. nLIGHT Inc [NASDAQ: LASR] shares were valued at $13.23 at the most recent close of the market.
Analyzing the LASR fundamentals
Trailing Twelve Months sales for nLIGHT Inc [NASDAQ:LASR] were 197.56M which represents -5.24% decline. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.2 and Total Capital is -0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.38 points at the first support level, and at 9.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.32, and for the 2nd resistance point, it is at 15.41.
Ratios To Look Out For
To put it in perspective, the Current Ratio for nLIGHT Inc [NASDAQ:LASR] is 6.10. Further, the Quick Ratio stands at 4.60, while the Cash Ratio is 1.42. Considering the valuation of this stock, the price to sales ratio is 3.22, the price to book ratio is 2.66.
Transactions by insiders
Recent insider trading involved Keeney Scott H, President and CEO, that happened on Oct 17 ’24 when 15000.0 shares were sold. President and CEO, Keeney Scott H completed a deal on Oct 18 ’24 to sell 15000.0 shares. Meanwhile, Officer Keeney Scott H bought 15000.0 shares on Oct 18 ’24.
