Zacks Equity Research
November 6, 2020·3 min read
NLight (LASR) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1,100%. A quarter ago,...
Entry level $22.25
Target Price $26.46
Stop loss $21.15
Short interest = 5.86%
Average Recommendation:Overweight
Average Target Price:$21.50
Company profile
nLIGHT, Inc. develops and manufactures semiconductor and fiber lasers components. Its products include semiconductor lasers, fiber lasers and optical fibers. The company was founded by Scott H. Keeney,...
Making new highs and higher lows. Nice consolidation along base. Earnings winner. Moving averages splitting open. MACD up. Double bottom. Volatility factor slightly rising, and quietly trending after earnings. Positive fundamentals. I like so many things about this one!
Using 10% stop loss from entry for future to better track my results, which is near swing low...
CCI favorable to uptrend, retesting nekline of double bottom.
Just my opinion, not recommendation of buying.
Learning momentum and trading with dominant energy of the market.
