Today, The Bowser Report issued a daily mover alert on
LightPath Technologies (LPTH), which gained 10% or more today.
Like IFON yesterday, LPTH’s movement today is due to a solid
earnings report. The company posted a 61% increase in revenue and an $842,973
net income, compared to a $579,050 net loss in the same period last year.
LPTH is up over 30% over the past year and should continue
to move if its results continue to improve. The stock set a 52-week high of
$2.49 in June, but then reported a $367,234 loss for the fourth quarter ending
June 30, 2015, compared to a $102,451 profit for the same period a year ago.
The stock slumped after that report, but rebounded nicely today.
LPTH, currently in Category 3, should see a boost in both
Bowser Rating and Category. The specific Rating and Category are not yet
available, but will be in the latest newsletter, which publishes one week from
today.
To learn more about The Bowser Report, visit
https://thebowserreport.com
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