How to Buy Lightpath Technologies Stock
Lightpath Technologies Inc
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies.
Lightpath Technologies stock last closed at $1.42, up 0% from the previous day, and has increased 6.77% in one year. It has underperformed other stocks in the Electronic Components industry by 0.06 percentage points. Lightpath Technologies stock is currently +26.79% from its 52-week low of $1.12, and -29% from its 52-week high of $2.00.
At the moment, there are 38.02M LPTH shares outstanding. The market cap of LPTH is $53.99M. In the past 24 hours, 14,298 LPTH shares were traded.
How to Buy Lightpath Technologies Stock
Wondering how to invest in Lightpath Technologies stock? Here's how.
- Choose where to buy Lightpath Technologies stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Lightpath Technologies stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze Lightpath Technologies stock: The Lightpath Technologies ticker symbol is LPTH. Is Lightpath Technologies stock a good investment? Should you buy shares of LPTH? How do LPTH's underlying business fundamentals look? Do top analysts think Lightpath Technologies is a good buy? Why has LPTH's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if LPTH is a good stock to buy).
- Make your LPTH trade: Decide if you will purchase LPTH shares at the current market price or use a limit order to purchase LPTH shares at a particular price.
- Keep an eye on your LPTH investment: Create a watchlist to important notifications about your new investment in Lightpath Technologies stock.
Step 1: Choose where to buy Lightpath Technologies stock
You will need a brokerage account in order to access the NASDAQ market and buy LPTH shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can buy LPTH stock today.
How to Set Up 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.
- Enter your personal details to create a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've finished signing up on the best stock app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Analyze Lightpath Technologies stock
After you have decided on the best place to buy Lightpath Technologies stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk and opportunity.
Lightpath Technologies shares at a glance
Lightpath Technologies Due Diligence Checks
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on LPTH's stock page.
What is the fair value of LPTH stock?
Analysts use many financial metrics, analyses, models, and charts to gauge LPTH's true value.
Using relative valuations ratios:
- LPTH may be undervalued based on its P/B ratio of 1.6x, relative to Electronic Components industry P/B ratio of 3.55x
You can do additional valuation analysis on LPTH's stock here.
LPTH Financial Overview
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the LPTH balance sheet.
- There are more short-term assets than short-term liabilities on the LPTH balance sheet.
- LPTH has cash burn of 4783353. It has enough cash and short-term investments to cover this for at least one year.
- LPTH has $5.88M in cash and short term investments. This is sufficient to cover its annual cash burn of $4.78M.
Failed Health Checks:
- LPTH profit margin has gone down from -11.9% to -15.5% in the past year.
- Total LPTH debt is higher than 5 years ago, relative to shareholder equity.
- LPTH has a relatively high debt to equity ratio of 0.6.
Is it a good time to buy LPTH stock, according to analysts?
Out of 1 Equities analysts who monitor LPTH, the consensus analyst rating on Lightpath Technologies is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Lightpath Technologies stock forecast page.
Metrics for Advanced LPTH Traders
How are LPTH Revenues/Earnings doing?
Last year, LPTH revenue was $32.49M. In the last 5 year, LPTH's revenue has gone up by -0.72% per year. This was slower than the Electronic Components industry average of 6.32%.
Dig into LPTH's earnings and revenue performance here.
Are LPTH executives and large shareholders buying or selling the stock?
In the past year, insiders at LPTH have not bought or sold any shares.
Get more info about who owns LPTH shares here.
Does LPTH stock generate passive income?
No, Lightpath Technologies doesn't provide an income stream by paying out dividends.
LPTH Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your LPTH trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and your broker will execute your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your LPTH investment
Now that you own some shares in LPTH, you'll want to keep up with your new stock purchase.
Create a watchlist to get notified of important updates regarding your LPTH stock.
LPTH Feed
How to Buy Stock in Lightpath Technologies
To summarize, here are the 6 steps to buy stock in Lightpath Technologies:
- Choose where to buy Lightpath Technologies stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Lightpath Technologies stock
- Make your LPTH trade
- Keep an eye on your LPTH investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Lightpath Technologies, create your watchlist below.
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