Media headlines about LightPath Technologies (NASDAQ:LPTH) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. LightPath Technologies earned a coverage optimism score of 0.00 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 45.4842253436414 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
LPTH traded down $0.05 during midday trading on Thursday, reaching $2.11. 143,456 shares of the company were exchanged, compared to its average volume of 206,492. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.75 and a current ratio of 3.88. The firm has a market capitalization of $56.60, a P/E ratio of 5.55, a P/E/G ratio of 1.83 and a beta of -0.26. LightPath Technologies has a one year low of $2.03 and a one year high of $4.10.
A number of analysts have commented on the company. Zacks Investment Research raised LightPath Technologies from a “sell” rating to a “hold” rating in a report on Saturday, April 7th. B. Riley assumed coverage on LightPath Technologies in a report on Wednesday, April 4th. They set a “buy” rating and a $2.75 price objective for the company. Finally, Roth Capital set a $3.00 price objective on LightPath Technologies and gave the stock a “buy” rating in a report on Wednesday, February 14th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $2.90.
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LightPath Technologies Company Profile
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light.
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