|Bid||75.01 x 1000|
|Ask||75.00 x 800|
|Day's Range||73.92 - 75.54|
|52 Week Range||48.44 - 96.74|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||42.94|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In an increasingly connected world, industrial lasers and photonics hold a lot of promise. Modern networking systems and devices make use of these technologies, and Lumentum (NASDAQ: LITE) and II-VI (NASDAQ: IIVI) have done well in recent years as a result -- even though demand from some customers may be drying up this year. As technology component manufacturers, Lumentum and II-VI have highly cyclical businesses that are sensitive to customer demand.
Zacks Industry Outlook Highlights: IPG Photonics, Lumentum and CyberOptics
Lumentum Holdings Inc. (NASDAQ:LITE), is not the largest company out there, but it saw significant share price...