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LightPath Technologies, Inc. 49.7% Potential Upside Now Implied by Dougherty & Company

LightPath Technologies, Inc. using SYMBOL/TICKER code NASDAQ:LPTH had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘BUY’ yesterday by analysts at Dougherty & Company. LightPath Technologies, Inc. are listed in the Technology sector within NASDAQ. Dougherty & Company have set their target price at 2.5 USD on its stock. This would imply the analyst believes there is a potential upside of 49.7% from the opening price of 1.67 USD.

 

LightPath Technologies, Inc. NASDAQ:LPTH has a 50 day moving average of 1.54 USD and a 200 Day Moving Average share price is recorded at 1.78 USD. The 1 year high for the stock price is 3.79 USD while the 52 week low for the stock is 1.21 USD. Over the last 30 and 90 trading days the company share price has increased 0.14 points and decreased 0.23 points respectively. There are currently 25,009,225 shares in issue with the average daily volume traded being 279,446. Market capitalisation for NASDAQ:LPTH is $42,765,776.00 USD.

 

LightPath Technologies, Inc. is a manufacturer and integrator of families of precision molded aspheric optics, fiber-optic collimator, GRADIUM glass lenses and other optical materials used to produce products that manipulate light. The Company designs, develops, manufactures and distributes optical components and assemblies utilizing the optical processes and manufacturing technologies.

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