Laser Photonics Stock Forecast, Price & News (NASDAQ:LASE)

Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and 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-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. The company also provides laser cutting machines; laser engraving machines; laser marking machines; 3D metal printers; laser glass scribing systems; ITO removal systems; glass cutting lasers; glass wafer dicing products; laser glass marking; microscope slide and covers laser cutting systems; precision glass scribers; semiconductor laser systems; OEM laser marking and engraving parts; fiber lasers; scanning and cutting heads; mobile handheld laser HD cart; mobile rugged cases; enclosures; fume extractors; rotary indexers; water chiller machines; X-Y tables; USB controllers; and custom lasers. It serves the aerospace, automotive, military and defense, nuclear & energy, shipbuilding & maritime, and space sectors. Laser Photonics Corporation was incorporated in 2019 and is headquartered in Orlando, Florida.

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Laser Photonics' stock was trading at $2.04 on January 1st, 2023. Since then, LASE shares have increased by 25.5% and is now trading at $2.56. View the best growth stocks for 2023 here.

Laser Photonics saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 126,800 shares, a decline of 9.2% from the June 30th total of 139,600 shares. Based on an average daily trading volume, of 42,200 shares, the short-interest ratio is currently 3.0 days. Currently, 4.2% of the shares of the company are sold short. View Laser Photonics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our LASE earnings forecast.

Laser Photonics Co. (NASDAQ:LASE) issued its earnings results on Wednesday, May, 10th. The company reported ($0.18) earnings per share for the quarter. The business earned $1.24 million during the quarter.

(LASE) raised $15 million in an IPO on Friday, September 30th 2022. The company issued 3,000,000 shares at a price of $5.00 per share. Alexander Capital acted as the underwriter for the IPO.

Laser Photonics trades on the NASDAQ under the ticker symbol "LASE."

Shares of LASE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.

One share of LASE stock can currently be purchased for approximately $2.56.

Laser Photonics (NASDAQ:LASE) has a market capitalization of $20.17 million and generates $4.98 million in revenue each year.

Laser Photonics' mailing address is 1101 N. Keller Road, Suite G, Orlando, FL 32810, United States. The official website for the company is www.laserphotonics.com. The company can be reached via phone at (407) 804 1000.

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