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Laser Photonics (NASDAQ:LASE) Trading Up 1.5%

Defense World ·  Jan 27, 2023 02:31

Shares of Laser Photonics Co. (NASDAQ:LASE – Get Rating) were up 1.5% on Thursday . The company traded as high as $4.65 and last traded at $4.64. Approximately 217,590 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 1,547,856 shares. The stock had previously closed at $4.57.

Laser Photonics Stock Up 1.5 %

The firm's fifty day moving average price is $2.55.

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Laser Photonics (NASDAQ:LASE – Get Rating) last released its quarterly earnings data on Tuesday, November 8th. The company reported $0.04 EPS for the quarter. The company had revenue of $1.22 billion during the quarter.

Institutional Trading of Laser Photonics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LASE. Jane Street Group LLC acquired a new stake in Laser Photonics during the third quarter valued at $38,000. Point72 Hong Kong Ltd acquired a new stake in Laser Photonics during the third quarter valued at $32,000. Finally, UBS Group AG acquired a new stake in Laser Photonics during the third quarter valued at $30,000.

About Laser Photonics

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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. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-50CTH and CleanTech Handheld LPC-100CTH, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200CTH, a manual handheld laser surface cleaning model; CleanTech Handheld LPC-300CTH, a water-cooled laser system; CleanTech Handheld LPC-1000CTH, a laser cleaning tool; CleanTech Handheld 2000-CTH Jobsite for industrial cleaning, rust and paint removal, and surface preparation; CleanTech Handheld NCX, a portable laser surface cleaning and conditioning system; CleanTech Robot, a robotic laser cleaning system, CleanTech Laser Blaster Cabinet, a laser cleaning machine; and CleanTech EZ- Rider, a laser cleaning tool.

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