Somewhat Positive Press Coverage Somewhat Unlikely to Impact LightPath Technologies (LPTH) Stock Price

News headlines about LightPath Technologies (NASDAQ:LPTH) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LightPath Technologies earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.9385079415704 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s analysis:

Shares of LightPath Technologies (LPTH) opened at 2.54 on Friday. The stock has a market cap of $61.25 million, a P/E ratio of 28.22 and a beta of -0.60. LightPath Technologies has a 12-month low of $1.21 and a 12-month high of $3.33. The company’s 50-day moving average is $2.62 and its 200-day moving average is $2.58.

Several research analysts have weighed in on LPTH shares. Dougherty & Co upped their price objective on shares of LightPath Technologies from $3.00 to $3.50 and gave the stock a “buy” rating in a report on Friday, May 5th. Zacks Investment Research upgraded shares of LightPath Technologies from a “hold” rating to a “strong-buy” rating and set a $3.00 target price for the company in a report on Tuesday, May 9th.

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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.

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