The price of LSI Industries Inc (NASDAQ:LYTS) shares last traded on Wall Street rose 0.10% to $19.42.
LYTS stock price is now 1.44% away from the 50-day moving average and 19.44% away from the 200-day moving average. The market capitalization of the company currently stands at $579.46M.
With the price target of $18, Craig Hallum recently initiated with Buy rating for LSI Industries Inc (NASDAQ: LYTS). , while ‘ROTH Capital’ rates the stock as ‘Buy’
In other news, Galeese James E, Executive VP; CFO sold 8,824 shares of the company’s stock on Aug 19 ’24. The stock was sold for $128,566 at an average price of $14.57. Upon completion of the transaction, the Executive VP; CFO now directly owns 145,631 shares in the company, valued at $2.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 20 ’24, Executive VP; CFO Galeese James E sold 8,097 shares of the business’s stock. A total of $115,301 was realized by selling the stock at an average price of $14.24. This leaves the insider owning 137,534 shares of the company worth $2.67 million. A total of 12.78% of the company’s stock is owned by insiders.
During the past 12 months, LSI Industries Inc has had a low of $13.32 and a high of $21.19. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 2.08, and a quick ratio of 1.19. According to the stock market information, the enterprise value for the company is $617717568, which is based on a 24.86 price-to-earnings ratio, a 0.99 price-to-earnings-growth ratio, and a beta of 0.92. The fifty day moving average price for LYTS is $19.0896 and a two-hundred day moving average price translates $16.234 for the stock.
The latest earnings results from LSI Industries Inc (NASDAQ: LYTS) was released for 2024-09-30. The net profit margin was 4.88% and return on equity was 11.88% for LYTS. The company reported revenue of $138.09 million for the quarter, compared to $123.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.87 percent.
