The price of Laser Photonics Corp (NASDAQ:LASE) shares last traded on Wall Street fell -3.09% to $2.51.
LASE stock price is now 80.40% away from the 50-day moving average and 61.93% away from the 200-day moving average. The market capitalization of the company currently stands at $20.71M.
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A total of 59.11% of the company’s stock is owned by insiders.
During the past 12 months, Laser Photonics Corp has had a low of $0.67 and a high of $4.56. As of last week, the company has a debt-to-equity ratio of 0.04, a current ratio of 21.59, and a quick ratio of 17.13. The fifty day moving average price for LASE is $1.3914 and a two-hundred day moving average price translates $1.5501 for the stock.
The latest earnings results from Laser Photonics Corp (NASDAQ: LASE) was released for Sep, 2023. The net profit margin was -95.50% and return on equity was -39.25% for LASE. The company reported revenue of $1.24 million for the quarter, compared to $1.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.22 percent.
Laser Photonics Corp(LASE) Company Profile
Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-100CTH, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200CTH, a manual handheld laser surface cleaning model; CleanTech Handheld LPC-300CTH, a water-cooled laser system; CleanTech Handheld LPC-1000CTH, a laser cleaning tool; CleanTech Handheld 2000-CTH Jobsite for industrial cleaning, rust and paint removal, and surface preparation; CleanTech Handheld NCX, a portable laser surface cleaning and conditioning system; CleanTech Robot, a robotic laser cleaning system, CleanTech Laser Blaster Cabinet, a laser cleaning machine; and CleanTech EZ- Rider, a laser cleaning tool. The company also provides laser cutting machines; laser engraving machines; laser marking machines; 3D metal printers; laser glass scribing systems; ITO removal systems; glass cutting lasers; glass wafer dicing products; laser glass marking; microscope slide and covers laser cutting systems; precision glass scribers; semiconductor laser systems; OEM laser marking and engraving parts; fiber lasers; scanning and cutting heads; mobile handheld laser HD cart; mobile rugged cases; enclosures; fume extractors; rotary indexers; water chiller machines; X-Y tables; USB controllers; and custom lasers. It serves the aerospace, automotive, military and defense, nuclear & energy, shipbuilding & maritime, and space sectors. Laser Photonics Corporation was incorporated in 2019 and is headquartered in Orlando, Florida.
