Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Lantronix stock in Canada | $5.56
Own Lantronix shares in just a few minutes.
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
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: LTRX in this case.
- Research Lantronix stocks. The platform should provide the latest information available.
- Buy your Lantronix stocks. It's that simple.
What's in this guide?
- Can I buy shares in Lantronix?
- Has coronavirus impacted Lantronix shares?
- Lantronix shares summary
- Compare share dealing platforms
- Is Lantronix stock a buy or sell?
- Lantronix performance over time
- Can I short Lantronix shares?
- Lantronix's financials
- How volatile are Lantronix shares?
- Does Lantronix pay a dividend?
- Have Lantronix shares ever split?
- Other common questions
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 priceUse our graph to track the performance of LTRX stocks over time.
Lantronix stocks at a glance
|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|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
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
|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 (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.
|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%|
|Market capitalisation||USD$150 million|
TTM: trailing 12 months
How to short and sell Lantronix stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "LTRX.US"
- Choose your position size.
- Select "sell" rather than "buy".
- 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".
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, 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.
Stocks similar to Lantronix
Lantronix in the news
Lantronix Wins IoT Evolution Product of the Year Award
Lantronix Wins IoT Evolution Product of the Year Award
Lantronix Launches True Zero-Touch Automation for Remote Device Provisioning With the ConsoleFlow Cloud-Based SaaS Platform
Frequently asked questions
More guides on Finder
How to buy Caribou Bioscience (CRBU) stock in Canada
Everything we know about the Caribou Bioscience IPO, plus information on how to buy in.
How to buy Candel Therapeutics (CADL) stock in Canada when it goes public
Everything we know about the Candel Therapeutics IPO, plus information on how to buy in.
How to buy Absci Corporation (ABSI) stock in Canada
Everything we know about the Absci Corporation IPO, plus information on how to buy in.
How to buy Allied Esports Entertainment stock in Canada | $2.32
Steps to owning and managing AESE with 24-hour and historical pricing before you buy.
How to buy Genfit stock in Canada | $4
Steps to owning and managing GNFT with 24-hour and historical pricing before you buy.
How to buy Summit Midstream Partners stock in Canada | $25.24
Steps to owning and managing SMLP with 24-hour and historical pricing before you buy.
How to buy 1Life Healthcare stock in Canada | $37
Steps to owning and managing ONEM with 24-hour and historical pricing before you buy.
How to buy TScan Therapeutics (TCRX) stock in Canada when it goes public
Everything we know about the TScan Therapeutics IPO, plus information on how to buy in.
How to buy Sight Sciences (SGHT) stock in Canada when it goes public
Everything we know about the Sight Sciences IPO, plus information on how to buy in.
How to buy Sera Prognostics (SERA) stock in Canada when it goes public
Everything we know about the Sera Prognostics IPO, plus information on how to buy in.
Ask an Expert
You must be logged in to post a comment.