News headlines about LightPath Technologies (NASDAQ:LPTH) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LightPath Technologies earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.8751204181371 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news articles that may have effected Accern’s scoring:

LightPath Technologies (LPTH) traded down 1.12% during mid-day trading on Tuesday, hitting $2.64. The stock had a trading volume of 243,445 shares. The firm’s 50-day moving average is $2.57 and its 200 day moving average is $2.66. LightPath Technologies has a 12 month low of $1.21 and a 12 month high of $3.33. The company has a market cap of $63.66 million, a price-to-earnings ratio of 29.33 and a beta of -0.59.

LightPath Technologies (NASDAQ:LPTH) last posted its quarterly earnings data on Thursday, September 14th. The technology company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.04 by $0.20. The firm had revenue of $9.01 million during the quarter, compared to analyst estimates of $8.75 million. LightPath Technologies had a return on equity of 37.81% and a net margin of 27.16%. Equities analysts anticipate that LightPath Technologies will post $0.16 EPS for the current fiscal year.

A number of analysts have recently weighed in on LPTH shares. ValuEngine upgraded LightPath Technologies from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded LightPath Technologies from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $3.00.

WARNING: “LightPath Technologies (LPTH) Receiving Somewhat Positive Media Coverage, Report Finds” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://www.watchlistnews.com/lightpath-technologies-lpth-receiving-somewhat-positive-media-coverage-report-finds/1574011.html.

About LightPath Technologies

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.

Insider Buying and Selling by Quarter for LightPath Technologies (NASDAQ:LPTH)

Receive News & Ratings for LightPath Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LightPath Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.