Technology Stock Watch: LightPath
August 18, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — LightPath Technologies, Inc. (LPTH) (Approx. Market Cap: US$ 22.4 Million) stock closed at $2.50 yesterday on volume of 32,100 shares, compared to its $1.87 close on June 8, 2010, on volume of 14,200 shares (50 trading sessions ago). LPTH’s 50 day average adjusted close is $2.08. In terms of liquidity, LPTH’s 50-day average daily trading volume is 20,380 shares, with days ranging from 800 shares traded to 221,600 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 $2.63 (intra-day) and as low as $1.57 (intra-day). Business Week notes LPTH stock’s 52-week high as $3.67 on September 18, 2009, and its 52-week low as $1.38 on September 31, 2009.
Also, daily updated 13-page valuation reports from ValuEngine are available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=LPTH).
In our last report on July 14, 2010, LightPath stock had closed at $2.56 on volume of 29,600 shares, compared to its $2.23 close on May 3, 2010, on volume of 25,900 shares (50 trading sessions prior). LPTH’s 50 day average adjusted close was $1.85. In terms of liquidity, LPTH’s 50-day average daily trading volume was 24,460 shares, with days ranging from 600 shares traded to 221,600 shares traded during that previous 50-day period.
More about LPTH: Other FinancialWire(tm) news about LightPath is accessible via The FinancialWire(tm) search function (at http://www.financialwire.net/?s=lpthnas), additional information and independent research on LightPath is available via Investrend Syndications (at http://www.investrend.com/synd0003), and official information and company filings from LightPath are accessible via the SEC website (at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001366669).
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