After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.
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Stocks Info
LITE belongs to the Technology sector of the NASDAQ while operating in the Communication Equipment industry. The current market capitalization of Lumentum Holdings Inc is $5.88B. A total of 3.66 million shares were traded on the day, compared to an average of 1.66M shares.
In the most recent transaction, HERSCHER PENNY sold 1,625 shares of LITE for 81.09 per share on Nov 18 ’24. After the transaction, the Director now owns 6,852 company shares. In a previous transaction on Nov 19 ’24, HERSCHER PENNY sold 542 shares at 81.89 per share. LITE shares that Director owns now total 6,310.
Among the insiders who bought shares, COVERT HAROLD L acquired of 3,345 shares on Nov 20 ’24 at a per-share price of $81.78. In another insider transaction, HERSCHER PENNY bought 2,167 shares at $81.95 per share on Nov 18 ’24.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LITE has a high of $89.70 and a low of $38.28.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $13.06, while its Total Shareholder’s Equity was $1.88B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 3.86.
