How to Buy Laser Photonics Stock
Laser Photonics Corp
Laser Photonics Corporation provides integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding, post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa.
Laser Photonics stock last closed at $2.07, down 3.27% from the previous day, and has decreased 27.62% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 0.57 percentage points. Laser Photonics stock is currently +208.96% from its 52-week low of $0.67, and -53.79% from its 52-week high of $4.48.
As of Apr 24, 2024, there are 9.27M LASE shares outstanding. The market capitalization of LASE is $19.19M. In the past 24 hours, 51,011 LASE shares were traded.
How to Buy Laser Photonics Stock
Wondering how to invest in Laser Photonics stock? Here's how.
- Choose where to buy Laser Photonics stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Laser Photonics stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your method of payment and add your details.
- Research Laser Photonics stock: The Laser Photonics ticker symbol is LASE. Is Laser Photonics stock a good investment? Should you buy shares of LASE? How do LASE's underlying business fundamentals look? Do top analysts think Laser Photonics is a good buy? Why has LASE's stock price moved recently? (Hint: Our stock research tools can help you figure out if LASE is a good stock to buy).
- Place your LASE buy order: Decide if you will purchase LASE shares at the current market price or use a limit order to buy LASE shares at a specific price.
- Keep an eye on your investment in LASE: Create a watchlist to key updates about your position in Laser Photonics stock.
Step 1: Choose where to buy Laser Photonics stock
You need a brokerage account to access the NASDAQ market and buy LASE stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to buy LASE today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on one of the best stock apps, you need to deposit funds:
Check out the video below if you need help transferring funds into your new brokerage account.
Step 4: Research Laser Photonics stock
Once you have selected the best place to buy Laser Photonics stock, it's very important to evaluate their stock before you buy, so you actually comprehend the risk and upside.
Laser Photonics quick stats
Laser Photonics Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on LASE's stock page.
Is LASE stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LASE's true value.
Using relative valuations measures:
- LASE may be undervalued based on its P/B ratio of 1.42x, relative to Specialty Industrial Machinery industry P/B ratio of 4.96x
You can do more valuation research on LASE's stock here.
A look at LASE Cashflows and Balance Sheet
Positive Health Checks:
- LASE has cash burn of 5547254. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the LASE balance sheet.
- LASE has a low debt to equity ratio of 0.13.
- There are more short-term assets than short-term liabilities on the LASE balance sheet.
Negative Health Checks:
- LASE profit margin has gone down from -53.8% to -95.6% in the past year.
- LASE has $6.20M in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.55M.
Metrics for Advanced LASE Traders
LASE Growth Metrics
Last year, LASE revenue was $3.94M. In the past three year, LASE's revenue has increased by 93.91% per year. This was faster than the Specialty Industrial Machinery industry average of 3.94%.
Find out more about LASE's earnings and revenue performance here.
Latest Insiders Trades at LASE
Over the last year, executives and large shareholders at LASE have bought more shares than they have sold.
Ict Investments LLC, 10% Owner of LASE, was the latest LASE insider to buy. They bought $1,210,000.00 worth of LASE shares on Oct 16, 2023.
Get more info about who owns LASE shares here.
Can I get consistent income from LASE stock?
No, Laser Photonics doesn't provide an income stream by paying out dividends.
What do other traders have to say about LASE?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your LASE buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, use a limit order.
Press the Open button and your broker will execute your order.
If you require additional help with buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in LASE
Now that you own some LASE stock, you'll want to stay up-to-date on your investment.
Add LASE to a watchlist to monitor your LASE stock.
LASE Feed
How to Buy Stock in Laser Photonics
To reiterate, here are the 6 steps you need to take to buy Laser Photonics stock right now:
- Choose where to buy Laser Photonics stock
- Sign up for your brokerage account
- Put funds into your investment account
- Research Laser Photonics stock
- Place your LASE buy order
- Keep an eye on your investment in LASE
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Laser Photonics, create a watchlist on WallStreetZen today.
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