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 nLIGHT stock in Canada | $28.18
Own nLIGHT shares in just a few minutes.
nLIGHT Inc is a semiconductors business based in the US. nLIGHT shares (LASR) are listed on the NASDAQ and all prices are listed in US Dollars. nLIGHT employs 1,200 staff and has a trailing 12-month revenue of around USD$257.9 million.
How to buy shares in nLIGHT
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – LASR – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy nLIGHT 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.
What's in this guide?
- Can I buy shares in nLIGHT?
- Has coronavirus impacted nLIGHT shares?
- nLIGHT shares summary
- Compare share dealing platforms
- Is nLIGHT stock a buy or sell?
- nLIGHT performance over time
- Can I short nLIGHT shares?
- nLIGHT's financials
- How volatile are nLIGHT shares?
- Does nLIGHT pay a dividend?
- Other common questions
How has Coronavirus impacted nLIGHT's stock price?
Since the stock market crash in March caused by coronavirus, nLIGHT's stock price has had significant positive movement.
Its last market close was $28.18, which is 36.53% up on its pre-crash value of $17.885 and 211.90% up on the lowest point reached during the March crash when the stocks fell as low as $9.035.
If you had bought $1,000 worth of nLIGHT stocks at the start of February 2020, those stocks would have been worth $537.42 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 $1,595.83.
nLIGHT stock priceUse our graph to track the performance of LASR stocks over time.
nLIGHT shares at a glance
|Latest market close||$28.18|
|52-week range||$20.84 - $46.45|
|50-day moving average||$27.22|
|200-day moving average||$29.53|
|Wall St. target price||$40.57|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.52|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
nLIGHT price performance over time
|1 week (2021-10-15)||7.11%|
|1 month (2021-09-23)||1.73%|
|3 months (2021-07-23)||-14.14%|
|6 months (2021-04-23)||-8.48%|
|1 year (2020-10-23)||21.70%|
|2 years (2019-10-23)||101.29%|
|3 years (2018-10-23)||56.56%|
|5 years (2016-10-19)||N/A|
Is nLIGHT under- or over-valued?
Valuing nLIGHT stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of nLIGHT's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
nLIGHT's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $10 million.
The EBITDA is a measure of a nLIGHT's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$257.9 million|
|Gross profit TTM||$59.4 million|
|Return on assets TTM||-4.35%|
|Return on equity TTM||-8.01%|
|Market capitalisation||$1.1 billion|
TTM: trailing 12 months
Shorting nLIGHT shares
There are currently 1.4 million nLIGHT shares held short by investors – that's known as nLIGHT's "short interest". This figure is 31.1% up from 1.1 million last month.
There are a few different ways that this level of interest in shorting nLIGHT shares can be evaluated.
nLIGHT's "short interest ratio" (SIR)
nLIGHT's "short interest ratio" (SIR) is the quantity of nLIGHT shares currently shorted divided by the average quantity of nLIGHT shares traded daily (recently around 200411.3372093). nLIGHT's SIR currently stands at 6.88. In other words for every 100,000 nLIGHT shares traded daily on the market, roughly 6880 shares are currently held short.
However nLIGHT's short interest can also be evaluated against the total number of nLIGHT shares, or, against the total number of tradable nLIGHT shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case nLIGHT's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 nLIGHT shares in existence, roughly 30 shares are currently held short) or 0.0329% of the tradable shares (for every 100,000 tradable nLIGHT shares, roughly 33 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against nLIGHT.
nLIGHT share dividends
We're not expecting nLIGHT to pay a dividend over the next 12 months.
nLIGHT share price volatility
Over the last 12 months, nLIGHT's shares have ranged in value from as little as $20.84 up to $46.45. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while nLIGHT's is 2.4022. This would suggest that nLIGHT's shares are significantly more volatile than the average for this exchange and represent a higher risk.
nLIGHT, Inc. designs, develops, manufactures, and sells semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. The company operates in two segments, Laser Products and Advanced Development. It offers semiconductor laser chips, optical fiber in-house, and electrical-optical components. The company also provides fiber amplifiers and beam combination and control systems for use in high-energy laser systems in directed energy applications. It sells its products through direct sales force in the United States, China, South Korea, and Finland, as well as through various independent sales representatives and distributors in Asia, Europe, and South America. The company was formerly known as nLight Photonics Corporation and changed its name to nLIGHT, Inc.
Stocks similar to nLIGHT
Frequently asked questions
nLIGHT in the news
Surprising Analyst 12-Month Target For VGT
nLIGHT (NASDAQ:LASR) rises 6.0% this week, taking three-year gains to 51%
Redwood Investments, LLC Buys TechTarget Inc, Domo Inc, Kornit Digital, Sells Inovalon Holdings Inc, Advanced Energy Industries Inc, Insight Enterprises Inc
More on investing
Stock trading doesn’t have to be expensive. Using Finder’s proprietary algorithm, we’ve identified the best cheap Canadian and US stocks to buy now.Read more…
Steps to owning and managing Cue Health stocks, with 24-hour and historical pricing before you buy.Read more…
Steps to owning and managing ARBK stock, with 24-hour and historical pricing before you buy.Read more…
More guides on Finder
How to buy AirSculpt Technologies (AIRS) stock in Canada when it goes public
Everything we know about the AirSculpt Technologies IPO, plus information on how to buy in.
How to buy Candela Medical (CDLA) stock in Canada when it goes public
Everything we know about the Candela Medical IPO, plus information on how to buy in.
How to buy Ensemble Health Partners (ENSB) stock in Canada when it goes public
Everything we know about the Ensemble Health Partners IPO, plus information on how to buy in.
How to buy Fluence Energy (FLNC) stock in Canada when it goes public
Everything we know about the Fluence Energy IPO, plus information on how to buy in.
How to buy GlobalFoundries (GFS) stock in Canada when it goes public
Everything we know about the GlobalFoundries IPO, plus information on how to buy in.
How to buy LianBio (LIAN) stock in Canada when it goes public
Everything we know about the LianBio IPO, plus information on how to buy in.
How to buy Rent the Runway (RENT) stock in Canada when it goes public
Everything we know about the Rent the Runway IPO, plus information on how to buy in.
How to buy Solo Brands (DTC) stock in Canada when it goes public
Everything we know about the Solo Brands IPO, plus information on how to buy in.
How to buy Udemy (UDMY) stock in Canada when it goes public
Everything we know about the Udemy IPO, plus information on how to buy in.
How to buy Arteris (AIP) stock in Canada when it goes public
Everything we know about the Arteris IPO, plus information on how to buy in.