Laser Photonics Corp (LASE) Is Up 1115.25% in 2024 With Lots of Room to Run

Laser Photonics Corp (NASDAQ: LASE) is 1115.25% higher on its value in year-to-date trading and has touched a low of $0.67 and a high of $19.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LASE stock was last observed hovering at around $12.70 in the last trading session, with the day’s gains setting it 1.64%.

Currently trading at $14.34, the stock is 81.13% and 201.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing 12.91% at the moment leaves the stock 494.51% off its SMA200. LASE registered 954.41% gain for a year compared to 6-month gain of 753.57%. The firm has a 50-day simple moving average (SMA 50) of $5.00648 and a 200-day simple moving average (SMA200) of $2.47961.

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The stock witnessed a 266.75% loss in the last 1 month and extending the period to 3 months gives it a 646.88%, and is 37.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 41.45% over the week and 34.53% over the month.

Laser Photonics Corp (LASE) has around 56 employees, a market worth around $197.46M and $3.10M in sales. Profit margin for the company is -322.82%. Distance from 52-week low is 2040.30% and -27.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-95.69%).

Laser Photonics Corp (LASE) Top Institutional Holders

14.0 institutions hold shares in Laser Photonics Corp (LASE), with institutional investors hold 44.50% of the company’s shares. The shares outstanding are 9.25M, and float is at 4.98M with Short Float at 18.12%. Institutions hold 33.38% of the Float.