Lightpath Technologies Stock Price on April 1, 2024
| LPTH Stock | USD 1.42 0.02 1.43% |
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 1.42, as last reported on the 2nd of May, with the highest price reaching 1.43 and the lowest price hitting 1.40 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 has Sharpe Ratio of -0.0551, which conveys that the firm had a -0.0551% return per unit of risk over the last 3 months. LightPath Technologies exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LightPath Technologies' Mean Deviation of 2.34, risk adjusted performance of 0.0246, and Downside Deviation of 3.16 to check out the risk estimate we provide.
As of now, LightPath Technologies' Common Stock is increasing as compared to previous years. The LightPath Technologies' current Issuance Of Capital Stock is estimated to increase to about 11.1 M, while Total Stockholder Equity is projected to decrease to under 21.2 M. . The current Price To Sales Ratio is estimated to decrease to 1.42. The LightPath Technologies' current Price Earnings Ratio is estimated to increase to -9.02. 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 1.4828 | 50 Day MA 1.482 | Beta 1.438 |
LightPath |
Sharpe Ratio = -0.0551
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LPTH |
Estimated Market Risk
| 2.79 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LightPath Technologies is not performing at its full potential. However, 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 LightPath Technologies to a well-diversified portfolio.
Price Book 1.7262 | Enterprise Value Ebitda (63.70) | Price Sales 1.7907 | Shares Float 26.6 M | Wall Street Target Price 3 |
LightPath Technologies Valuation on April 1, 2024
It is possible to determine the worth of LightPath Technologies on a given historical date. On April 1, 2024 LightPath was worth 1.38 at the beginning of the trading date compared to the closed value of 1.45. 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 | |
| 1.42 | 1.43 | 1.38 | 1.38 | 22,370 | |
04/01/2024 | 1.38 | 1.48 | 1.38 | 1.45 | 40,338 |
| 1.44 | 1.44 | 1.39 | 1.42 | 14,322 |
| Backtest LightPath Technologies | | | LightPath Technologies History | | | LightPath Technologies Valuation | Previous | Next |
LightPath Technologies Trading Date Momentum on April 1, 2024
| On April 02 2024 LightPath Technologies was traded for 1.42 at the closing time. The top price for the day was 1.44 and the lowest listed price was 1.39 . The trading volume for the day was 14.3 K. The trading history from April 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.07% . The trading delta at closing time against the current closing price is 8.97% . |
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 | 36.4 M | 38.2 M | |
| Net Loss | -3.6 M | -3.5 M |
LightPath Technologies Quarterly Net Working Capital |
|
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 | April 1, 2024
| High |
1.38 | 1.45 |
LightPath Technologies May 2, 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
| Accumulation Distribution | 2725.54 | |||
| Daily Balance Of Power | 0.7 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 1.43 | |||
| Day Typical Price | 1.44 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | (0.03) |
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 | 0.0246 | |||
| Jensen Alpha | 0.0861 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0086 | |||
| Treynor Ratio | (0.40) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LightPath Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in LightPath Stock please use our How to Invest in LightPath Technologies guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is LightPath Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LightPath Technologies. If investors know LightPath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LightPath Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 49.113 | Earnings Share (0.13) | Revenue Per Share 0.883 | Quarterly Revenue Growth (0.14) | Return On Assets (0.06) |
The market value of LightPath Technologies is measured differently than its book value, which is the value of LightPath that is recorded on the company's balance sheet. Investors also form their own opinion of LightPath Technologies' value that differs from its market value or its book value, called intrinsic value, which is LightPath Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LightPath Technologies' market value can be influenced by many factors that don't directly affect LightPath Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LightPath Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if LightPath Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LightPath Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.