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News Bites US Markets
December 7, 2017 Thursday
780 words
LightPath Technologies Bolsters Automotive Electronics Capabilities

AMERICAN DAILY STOCK REPORT

Corporate Wire Date: 06 December 2017 13:46 EST

ORIGINAL ANNOUNCEMENT [Text]

Expands Manufacturing and Assembly Facilities in China

ORLANDO, FL / / December 6, 2017 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer, distributor and integrator of proprietary optical and infrared components and high-level assemblies, today announced the expansion of its operations in China with the addition of 1,200 square meters of manufacturing space, upgrades to coating facilities, increased machine shop space for a significant cost reduction in parts, and enlarged dicing and assembly production areas. The expanded facility achieved certification to the ISO 16949 automotive quality standard in support of the Company's advancement into the automotive electronics market.

"We are gearing up for substantially increasing demand globally for many product lines, including defense, industrial, and medical applications," said Jim Gaynor, President and Chief Executive Officer of LightPath. "In the automotive electronics market, we have seen heightened interest in our sensing and infrared technologies. The expansion of the LightPath's operations in China with improved automotive electronics capabilities and the requisite certification to work within the automotive OEM supply chain marks another development in our global growth and diversification strategy.
ORIGINAL ANNOUNCEMENT [Link]
LightPath Technologies Bolsters Automotive Electronics Capabilities can be viewed via the link below.

Source: click http://www.nasdaq.com/aspx/stockmarketnewsstoryprint.aspx?storyid=lightpath-technologies-bolsters-automotive-electronics-capabilities--20171206-00468

SECTION 1 LIGHTPATH TECHNOLOGIES CLASS A ACTIVITIES
LightPath Technologies, Inc. (LightPath) manufactures optical components and assemblies, including precision molded glass aspheric optics, precision molded infrared molded optics, isolators, fiber-optic collimators, GRADIUM glass lenses and other optical materials used to produce products that manipulate light.

SECTION 2 MARKET POSITION
LightPath Technologies, Inc. (NASDAQ:LPTH), NASDAQ's 29th largest Electronics company by market cap, soared 79.0c (or 51.3%) year to date in 2017 to close at $US2.33. This means the stock has outperformed 84% of NASDAQ-listed stocks in 2017. Compared with the NASDAQ-100 Index which has risen 28.8% YTD, this is a relative price increase of 22.5%. The average daily volume of 317,813 shares so far in 2017 was 1.4 times the average daily volume in 2016. In 2017 the market cap has jumped $US20.8 million.

SECTION 3 GLOBAL RANK
Global Rank [out of 48,002 stocks]

DescriptionValueRankQuartile
MCap (US$)57.2M26,844Third
Total Assets (US$)46.7M29,083Third
Revenue (US$)28.5M27,151Third
Net Profit (US$)7.7M16,482Second
Return on Equity %25.92,447Top
Net Profit Margin %27.24,159Top
Price to Book4.527,188Third
Price Earnings6.32,145Top
PV$1000 (1Year) US$1,6525,742Top
US$ Change (1Year) %72.55,336Top
Rel Strength 6 Mo (US$)2635,286Third

SECTION 4 LIGHTPATH TECHNOLOGIES CLASS A RECENT PRESS RELEASES:

December 05: Quotidian Technical Highlights on Selected Electrical Equipment Stocks -- LightPath Technologies, Babcock & Wilcox Enterprises, A.O. Smith, and Emerson Electric
NEW YORK, Dec. 05, 2017 -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on LPTH, BW, AOS, and EMR which is a click away at www.wallstequities.com/registration. Research reports have been initiated by WallStEquities.com on LightPath Technologies Inc.

November 29: LightPath Technologies Expands Manufacturing Facility in Latvia to Accommodate Continued Growth for Infrared Products
ORLANDO, FL / / November 29, 2017 /LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer, distributor and integrator of proprietary optical and infrared components and high-level assemblies, today announced the completion of its manufacturing facilities expansion in Latvia.

November 20: Recent Analysis Shows Premier, Quantum, Heron Therapeutics, Dillard's, LightPath Technologies, and Ichor Market Influences - Renewed Outlook, Key Drivers of Growth
NEW YORK, Nov. 20, 2017 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Premier, Inc. (NASDAQ:PINC), Quantum Corporation (NYSE:QTM), Heron Therapeutics, Inc.

ISIN: US5322578056
PermID: 4295914067
CIK: 889971
CUSIP: 532257805

Source: www.BuySellSignals.com
December 6, 2017
      
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