LightPath Technologies Inc. (NASDAQ:LPTH) shares rose 4% on Friday . The stock traded as high as $2.09 and last traded at $2.08, with a volume of 53,808 shares. The stock had previously closed at $2.00.

Separately, Zacks Investment Research upgraded LightPath Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, July 26th.

The firm has a market cap of $31.80 million and a PE ratio of 56.6639. The company’s 50-day moving average price is $1.79 and its 200-day moving average price is $1.95.

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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