Security-Tech Stock Watch: LightPath Technologies
March 15, 2010 (FinancialWire) (Investrend Information Syndicate) — LightPath Technologies, Inc. (NASDAQ: LPTH) (Approx. Market Cap: US$ 23.2 Million) stock closed at $2.63 Friday on volume of 46,500 shares, compared to its $1.59 close on December 30, 2009, on volume of 7,200 shares (50 trading sessions ago). LPTH’s average 50 day average adjusted close is $2.33. In terms of liquidity, LPTH’s 50-day average daily trading volume is 38,856 shares, with days ranging from zero shares traded to 213,700 shares traded during that 50-day period.
Yahoo! Finance notes LPTH’s 1-year stock price target estimate at $3.36. In the last 50 sessions, LPTH stock has traded as high as $3.20 (intra-day) and as low as $1.38 (intra-day). Business Week notes LPTH stock’s 52-week high as $3.67 on September 18, 2009, and its 52-week low as $0.31 on March 17, 2009.
LightPath Technologies, Inc. (http://www.investrend.com/investorpower/lpth) is an information technology sector / photo-optics industry company that 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.
Photo-Optical Equipment industry research, which includes LightPath, is currently available via Investrend Research Syndicate affiliate-provider, ValuEngine (at http://www.investrend.com/photo-optic), as well as a company summary report by ValuEngine (at http://www.investrend.com/recent-research). Additional equity research on LightPath 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 is also being followed by analyst Gary Vassalotti, LIFA, via Investrend Weblogs (at http://www.investrendweblogs.net/vassalotti/).
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