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How to buy Lantronix stock in Canada | $5.56

Own Lantronix shares in just a few minutes.

Lantronix, Inc
NASDAQ: LTRX - USD
COMMUNICATION EQUIPMENT
$5.19
+$0.11 (+2.17%)

Lantronix is a communication equipment business based in the US. Lantronix stocks (LTRX.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $5.08 – an increase of 5.5% over the previous week. Lantronix employs 242 staff and has a trailing 12-month revenue of around $68.2 million.

How to buy Lantronix stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: LTRX in this case.
  5. Research Lantronix stocks. The platform should provide the latest information available.
  6. Buy your Lantronix stocks. It's that simple.

How has Coronavirus impacted Lantronix's stock price?

Since the stock market crash in March caused by coronavirus, Lantronix's stock price has had significant positive movement.

Its last market close was $5.56, which is 34.35% up on its pre-crash value of $3.65 and 251.90% up on the lowest point reached during the March crash when the stocks fell as low as $1.58.

If you had bought $1,000 worth of Lantronix stocks at the start of February 2020, those stocks would have been worth $425.59 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,451.72.

Lantronix stock price

Use our graph to track the performance of LTRX stocks over time.

Lantronix stocks at a glance

Information last updated 2021-07-23.
Latest market close$5.56
52-week range$3.61 - $6.05
50-day moving average $5.33
200-day moving average $4.9814
Wall St. target price$7.5
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.02

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Note: The dollar amounts in the table below are in Canadian dollars.

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Is it a good time to buy Lantronix stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Lantronix price performance over time

Historical closes compared with the last close of $5.56

1 month (2021-06-25) 7.13%
3 months (2021-04-26) 13.47%

Is Lantronix under- or over-valued?

Valuing Lantronix stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lantronix's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lantronix's EBITDA

Lantronix's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.2 million.

The EBITDA is a measure of a Lantronix's overall financial performance and is widely used to measure a its profitability.

Lantronix financials

Revenue TTM USD$68.2 million
Gross profit TTM USD$27.2 million
Return on assets TTM -2.41%
Return on equity TTM -10.01%
Profit margin -6.81%
Book value $1.589
Market capitalisation USD$150 million

TTM: trailing 12 months

How to short and sell Lantronix stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "LTRX.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 110,174 Lantronix stocks held short by investors – that's known as Lantronix's "short interest". This figure is 32% down from 162,014 last month.

There are a few different ways that this level of interest in shorting Lantronix stocks can be evaluated.

Lantronix's "short interest ratio" (SIR)

Lantronix's "short interest ratio" (SIR) is the quantity of Lantronix stocks currently shorted divided by the average quantity of Lantronix stocks traded daily (recently around 102012.96296296). Lantronix's SIR currently stands at 1.08. In other words for every 100,000 Lantronix stocks traded daily on the market, roughly 1080 stocks are currently held short.

However Lantronix's short interest can also be evaluated against the total number of Lantronix stocks, or, against the total number of tradable Lantronix stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lantronix's short interest could be expressed as 0% of the outstanding stocks (for every 100,000 Lantronix stocks in existence, roughly 0 stocks are currently held short) or 0.0054% of the tradable stocks (for every 100,000 tradable Lantronix stocks, roughly 5 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Lantronix.

Find out more about how you can short Lantronix stock.

Lantronix stock dividends

We're not expecting Lantronix to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.

Have Lantronix stocks ever split?

Lantronix stocks were split on a 1:6 basis on 20 December 2009. So if you had owned 6 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Lantronix stocks – just the quantity. However, indirectly, the new 500% higher stock price could have impacted the market appetite for Lantronix stocks which in turn could have impacted Lantronix's stock price.

Lantronix stock price volatility

Over the last 12 months, Lantronix's stocks have ranged in value from as little as $3.61 up to $6.05. A popular way to gauge a stock's volatility is its "beta".

LTRX.US volatility(beta: 2)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lantronix's is 2.0005. This would suggest that Lantronix's stocks are significantly more volatile than the average for this exchange and represent a higher risk.

Lantronix overview

Lantronix, Inc. provides software as a service (SaaS), engineering services, and hardware for edge computing, the Internet of Things (IoT), and remote environment management (REM) in the Americas, Europe, the Middle East, Africa, and the Asia Pacific Japan. The company's IoT products include IoT Connectivity, which provide wired and wireless connections that enhance the value and utility of modern electronic systems and equipment through secure network connectivity, application hosting, protocol conversion, secure access for distributed IoT deployments, and various other functions; IoT Compute that include application processing delivering compute to meet customer needs for data transformation, computer vision, machine learning, augmented/virtual reality, audio/video aggregation and distribution, and custom applications; and IoT Telematics, which provides power efficient products designed to support communications across interfaces and industrial protocols for vehicle, fleet, and asset tracking and management. It also offers system on module, single board computer, and development kits; and services for mechanical, hardware, and software engineering for camera, audio, and artificial intelligence/machine learning development, as well as xPrintServer. In addition, the company's REM products include out-of-band management, console management, power management, and IP connected keyboard-video-mouse products that provide remote access to IT and networking infrastructure deployed in test labs, data centers, branch offices, remote sites, and server rooms. Further, its SaaS platform enables customers to deploy, monitor, manage, and automate across their global deployments through a single platform login. The company offers its products through value added resellers, systems integrators, distributors, online retailers, and original equipment manufacturers; and an e-commerce site for direct sales. Lantronix, Inc. was founded in 1989 and is headquartered in Irvine, California.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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