After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NASDAQ and operates within the Communication Equipment industry segment. The current market capitalization of Lumentum Holdings Inc is $4.57B. A total of 2.14 million shares were traded on the day, compared to an average of 1.67M shares.
In the most recent transaction, Sepe Matthew Joseph sold 9,903 shares of LITE for 49.23 per share on Feb 15 ’24. After the transaction, the CHIEF ACCOUNTING OFFICER now owns 33,188 company shares. In a previous transaction on Nov 20 ’23, Johnson Julia Suzanne sold 1,163 shares at 44.17 per share. LITE shares that Director owns now total 22,032.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, LITE has a high of $68.81 and a low of $35.35.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LITE’s latest balance sheet shows that the firm has $2.55B in Cash & Short Term Investments as of fiscal 2022. There were $1.94B in debt and $716.50M in liabilities at the time. Its Book Value Per Share was $14.10, while its Total Shareholder’s Equity was $1.88B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LITE is Buy with a score of 3.87.
