LightPath Technologies, Inc. (LPTH) Reaches $2.30 After 9.00% Down Move; RCM Technologies (RCMT) Sentiment Is 0.89

February 15, 2018 - By Marie Mckinney

The stock of LightPath Technologies, Inc. (NASDAQ:LPTH) is a huge mover today! The stock decreased 3.36% or $0.08 during the last trading session, reaching $2.3. About 108,805 shares traded. LightPath Technologies, Inc. (NASDAQ:LPTH) has risen 67.65% since February 15, 2017 and is uptrending. It has outperformed by 50.95% the S&P500.The move comes after 8 months negative chart setup for the $56.82M company. It was reported on Feb, 15 by Barchart.com. We have $2.09 PT which if reached, will make NASDAQ:LPTH worth $5.11 million less.

RCM Technologies, Inc. provides business and technology solutions to the commercial and government sectors in the United States, Canada, and the Puerto Rico. The company has market cap of $76.88 million. The firm operates through three divisions: Engineering, Information Technology, and Specialty Health Care Services. It has a 50 P/E ratio. The Engineering segment provides engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, reliability centered maintenance, component and equipment testing, and risk management engineering.

LightPath Technologies, Inc. designs, develops, makes, and distributes optical components and assemblies. The company has market cap of $56.82 million. The firm offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. It has a 6.97 P/E ratio. The Company’s products are used in various industries, including defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other industries.

Investors sentiment increased to 3 in Q3 2017. Its up 1.56, from 1.44 in 2017Q2. It improved, as 2 investors sold LightPath Technologies, Inc. shares while 3 reduced holdings. 6 funds opened positions while 9 raised stakes. 7.73 million shares or 5.00% more from 7.36 million shares in 2017Q2 were reported. Wells Fargo Co Mn, a California-based fund reported 375 shares. Vanguard Group Inc reported 0% of its portfolio in LightPath Technologies, Inc. (NASDAQ:LPTH). Dimensional Fund Advisors Lp has 0% invested in LightPath Technologies, Inc. (NASDAQ:LPTH). Creative Planning holds 10,000 shares. Northern Tru reported 34,961 shares. Price T Rowe Assoc Md has invested 0% in LightPath Technologies, Inc. (NASDAQ:LPTH). Pnc Svcs Group Inc Inc holds 0% of its portfolio in LightPath Technologies, Inc. (NASDAQ:LPTH) for 1,000 shares. Greenwich Wealth Mngmt Lc has invested 0% in LightPath Technologies, Inc. (NASDAQ:LPTH). Geode Mgmt Limited Com has invested 0% in LightPath Technologies, Inc. (NASDAQ:LPTH). Morgan Stanley has 0% invested in LightPath Technologies, Inc. (NASDAQ:LPTH) for 513 shares. 1.13M are held by Manatuck Hill Llc. Essex Investment Management Com Ltd Limited Liability Company, Massachusetts-based fund reported 143,267 shares. Blackrock holds 0% or 296,107 shares. Vertex One Asset Management holds 825,000 shares. Advisory Network stated it has 0% in LightPath Technologies, Inc. (NASDAQ:LPTH).

Among 3 analysts covering LightPath Technologies (NASDAQ:LPTH), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. LightPath Technologies had 7 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, August 4 by Zacks. The rating was maintained by Roth Capital on Wednesday, February 14 with “Buy”. The stock of LightPath Technologies, Inc. (NASDAQ:LPTH) earned “Buy” rating by TH Capital on Thursday, December 22. Roth Capital initiated the shares of LPTH in report on Thursday, December 22 with “Buy” rating. The rating was initiated by Dougherty & Company with “Buy” on Tuesday, January 10. Roth Capital maintained it with “Buy” rating and $3.25 target in Monday, November 13 report. The stock has “Buy” rating by Roth Capital on Sunday, August 13.

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