StockNews.com initiated a hold rating for LightPath Technologies (NASDAQ: LPTH), which reported a Q1 loss of $0.07/share.
StockNews.com initiated coverage on LightPath Technologies (NASDAQ: LPTH) with a hold rating, while HC Wainwright reiterated a buy rating and set a $3.00 target price. The company reported a Q1 loss of $0.07/share, missing consensus estimates. LightPath Technologies has a market cap of $50.06M, a beta of 1.41, and a P/E ratio of -7.17. Shares opened at $1.29, with a 52-week range of $1.12-$2.00.
May 26, 2024
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