At the time of writing, nLIGHT Inc [LASR] stock is trading at $14.68, up 4.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The LASR shares have gain 17.63% over the last week, with a monthly amount glided 32.97%, 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.
For the past year, the stock price of nLIGHT Inc fluctuated between $9.09 and $15.00. nLIGHT Inc [NASDAQ: LASR] shares were valued at $14.68 at the most recent close of the market.
Analyzing the LASR fundamentals
According to nLIGHT Inc [NASDAQ:LASR], the company’s sales were 197.56M for trailing twelve months, which represents an -5.24% plunge. 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 14.17 points at the first support level, and at 13.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.96, and for the 2nd resistance point, it is at 15.23.
Ratios To Look Out For
It is important to note that nLIGHT Inc [NASDAQ:LASR] has a current ratio of 6.10. On the other hand, the Quick Ratio is 4.60, and the Cash Ratio is 1.42. Considering the valuation of this stock, the price to sales ratio is 3.58, the price to book ratio is 2.95.
Transactions by insiders
Recent insider trading involved Keeney Scott H, President and CEO, that happened on Nov 06 ’24 when 15000.0 shares were sold. President and CEO, Keeney Scott H completed a deal on Nov 05 ’24 to sell 15000.0 shares. Meanwhile, Officer Keeney Scott H bought 15000.0 shares on Nov 06 ’24.
