Somewhat Negative Media Coverage Somewhat Unlikely to Impact LightPath Technologies (LPTH) Share Price

Media stories about LightPath Technologies (NASDAQ:LPTH) have trended somewhat negative this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public 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 -0.03 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.5938310497843 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

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

A number of equities research analysts have recently commented on the company. Zacks Investment Research lowered LightPath Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Dougherty & Co reaffirmed a “buy” rating and set a $3.10 price target on shares of LightPath Technologies in a research report on Friday, October 6th.

LightPath Technologies (NASDAQ LPTH) traded up $0.09 during midday trading on Friday, hitting $2.42. The stock had a trading volume of 358,101 shares, compared to its average volume of 330,792. The firm has a market capitalization of $59.39, a price-to-earnings ratio of 7.81, a P/E/G ratio of 1.54 and a beta of -0.66. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.29 and a current ratio of 3.18. LightPath Technologies has a 52 week low of $1.65 and a 52 week high of $4.10.

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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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