nLIGHT, Inc. (LASR) Stock: Seeing Gains In Today’s Session

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nLIGHT, Inc. (LASR) is working its way for to the top in the market today. The company, focused on the tech sector, is currently trading at $22.11 after gaining 5.69% so far today. As it relates to technology stocks, there are several factors that have the potential to cause gains in the market. News is one of the most common reasons for movement. Here are the recent stories associated with LASR:

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Mar-15-19 06:48PM nLight Inc (LASR) Files 10-K for the Fiscal Year Ended on December 31, 2018
Mar-04-19 09:15AM S&P Reclaims 2800; NASDAQs Streak Hits 10 Weeks
Feb-26-19 05:26PM nLight CEO to receive Sam Blackman Award
04:44PM nLIGHT, Inc. Announces Dates for Upcoming Investor Conference Participation
Feb-21-19 06:00AM nLIGHT CEO Scott Keeney Named Technology Executive of the Year

However, any time investors are making an investing decision, investors should take a look at much more than news, this is especially the case in the ever (changing|evolving) technology industry. Here’s what’s happening in regard to nLIGHT, Inc..

Recent Moves From LASR

While a gain in a single session, like the move that we’re seeing from nLIGHT, Inc. might cause excitement in some investors, a single session move alone should not be the reason for a decision to, or not to, invest in a company. It is always smart to look at trends just a single trading session. As it relates to LASR, below are the movements that investors have seen:

  • Weekly – Throughout the past 5 trading sessions, LASR has generated a price change in the amount of 7.80%.
  • Past 30 Days – The monthly performance from nLIGHT, Inc. has been 5.34%.
  • Quarterly – Over the last 3 months, the company has generated a return on investment that comes to 13.15%
  • Past 6 Months – Over the previous 6 months, investors have seen a performance of -17.68% from the stock.
  • This Year So Far – Since the close of last year LASR has produced a return on investment of 24.35%.
  • Annually – Finally, over the last full year, we have seen performance that comes to 0 out of LASR. In this period of time, the stock has traded at a high of -49.32% and a low of 36.06%.

Rations That Investors Should Consider

Digging into various key ratios associated with a stock can give prospective traders an understanding of how dangerous and/or rewarding a an investment option might be. Below are some of the most important ratios to look at when digging into LASR.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it shows that more investors are expecting that the value of the stock is going to fall. In general, strong tech stocks tend to come with a lower short ratio. On the other hand, we also see quite a few short squeezes in the space. Nonetheless, as it relates to nLIGHT, Inc., the stock’s short ratio comes to 4.77.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Basically, they measure If a company is able to pay for its debts when they come due with only current assets or quick assets. In the tech industry, companies rely heavily on the continuation of support from investors as they work to bring new technologies to market, these ratios can look upsetting. Nonetheless, some good picks in the tech space come with positive quick and current ratios. As it relates to LASR, the quick and current ratios add up to 7.70 and 9.10 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the current book value of assets that are owned by the company. as it relates to nLIGHT, Inc., the book to share value ratio is 6.10.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. In this case, the cash to share value comes to 4.86.

Show Me The Big Money

An interesting fact I’ve learned in my brief period alive, or somewhat alive is that good investors tend to follow big money investors. Usually, investors that want to play it relatively safe will keep an eye on moves made by institutional investors as well as those on the inside. With that said, is big money interested when it comes to LASR? Here’s the scoop:

  • Institutions – As it stands now, institutional investors own 0 of nLIGHT, Inc.. However, it’s worth considering that the ownership held by institutions has moved in the amount of 22.47% throughout the past 3 months.
  • Insiders – with regard to insiders, those close to the company currently own 1.00% of nLIGHT, Inc.. Insider ownership of the company has seen a change of 0 in the last 3 months.

How Analysts Feel About nLIGHT, Inc.

Although it’s rarely a good idea to blindly follow the thoughts of analysts, it is a smart idea to use their thoughts to validate your own thoughts when it comes to making an investment decision in the technology sector. Below you’ll find|Here are} the most recent moves that we have seen from analysts when it comes to LASR.

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Dec-10-18 Reiterated Needham Buy $29 → $27
Nov-30-18 Initiated Susquehanna Neutral $22
Nov-06-18 Reiterated The Benchmark Company Sell $17 → $14
Oct-23-18 Reiterated Needham Buy $37 → $29
Sep-21-18 Upgrade Raymond James Outperform → Strong Buy

Financial Results And Expectations

What have ween seen from LASR in terms of financial results?Here’s what you’re looking for:

  • Analyst Expectations – As it stands, analysts have expectations that LASR will report EPS that comes to 0.72, with 0.04 being announced in the next financial report. Although this data is not associated with earnings, because we are chatting on the topic of analysts, the stock is currently graded as a 2.20 when rated on a scale from 1 to 5 on which 1 is the worst possible Wall St. analyst grade and 5 is the best possible.
  • 5-Year Sales – Over the past 5 years, nLIGHT, Inc. has created a change in sales in the amount of 0. Earnings per diluted share through the past half decade have seen a change of 0.
  • Q/Q – In terms of quarter over quarter earnings data, or Q/Q data as it is commonly represented in the world of humans, nLIGHT, Inc. has experienced a change in earnings that comes to a total of 115.90%. The company has also moved the needle in terms of sales volume in the amount of 39.70%.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 34.60M shares of nLIGHT, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, LASR has a float of 32.35M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to LASR, the short percent of the float is 7.29%.

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