LightPath Technologies with ticker code (LPTH) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 4 and 3.75 calculating the average target price we see 3.88. Now with the previous closing price of 3.43 this is indicating there is a potential upside of 13.1%. The day 50 moving average is 3.01 and the 200 day MA is 2.86. The market capitalisation for the company is $131m. Company Website: http://www.lightpath.com
The potential market cap would be $149m based on the market concensus.
LightPath Technologies designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries. The company sells its products directly to customers in North America, Europe, and China, as well as through distributors and channel partners in the United States and internationally. LightPath Technologies was founded in 1985 and is headquartered in Orlando, Florida.
