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Tech Stock Watch: LightPath Liquidity, Stock Price Performance

February 2, 2010 (FinancialWire) (Investrend Information Syndicate) — Looking at information technology sector / photo-optics industry company LightPath Technologies’ (NASDAQ: LPTH) (Approx. Market Cap US$ 19.44 Million to US$ 20.4 Million) performance over the past fifteen trading sessions, we see notable activity.

LPTH stock closed at $2.40 yesterday, compared to its $1.51 close on January 11, with an average close of $2.09 in the last fifteen days of trading. In terms of liquidity, LPTH’s 3-month average daily trading volume is 25,221 shares, while its 15-day average is 60,953 shares, with days ranging from 3,600 shares traded to 213,700 shares traded.

Yahoo Finance notes LPTH’s 1-year target estimate at $3.36. In the last 15 sessions, LPTH stock has traded as high as $3.00 and as low as $1.50, demonstrating a clear overall upward trend from its lower to higher marks.

LPTH stock’s 52-week high was $3.87 per-share on September 18, 2009. LPTH’s 52-week low was $0.30 on February 25, 2009.

LightPath Technologies, Inc. (http://www.investrend.com/investorpower/lpth) is an information technology sector / photo-optics industry company. Photo-Optics industry research, which includes LightPath, is currently available via Investrend Research Syndicate affiliate-provider, ValuEngine (at http://www.investrend.com/photo-optic). Specific equity research on Lightpath, Inc. may be requested via Investrend Research Syndicate affiliate-provider, The Matterhorn Group, which specializes in tech company research (at http://www.investrend.com/matterhorn-request).

LightPath Technologies designs, develops, manufactures, and distributes optical components and assemblies in the United States, Europe, North Africa, and Asia. The company was founded in 1985 and is headquartered in Orlando, Florida.

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