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Realtime updates for Lumentum Holdings Inc [LITE]

Exchange: NASDAQ Sector: Technology Industry: Communication Equipment
BUY
59.18%
return 9.58%
SELL
38.00%
return 16.55%
Last Updated17 May 2024 @ 16:00

-1.60% $ 46.05

BUY 3893 min ago

@ $46.19

Issued: 17 May 2024 @ 15:22


Return: -0.29%


Previous signal: May 17 - 14:35


Previous signal: Sell


Return: -0.54 %

Live Chart Being Loaded With Signals

Commentary (17 May 2024 @ 16:00):
Our systems believe the stock currently is undervalued by 0.97% compare to its pairs and should correct upwards.

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers)...

Stats
Today's Volume 785 534
Average Volume 1.27M
Market Cap 3.11B
EPS $0 ( 2024-05-06 )
Next earnings date ( $0.0300 ) 2024-08-15
Last Dividend $0 ( N/A )
Next Dividend $0 ( N/A )
P/E -8.75
ATR14 $1.399 (3.04%)
Insider Trading
Date Person Action Amount type
2024-05-15 Wupen Yuen Sell 182 Common Stock
2024-05-15 Sepe Matthew Joseph Sell 601 Common Stock
2024-05-15 Retort Vincent Sell 1 467 Common Stock
2024-05-15 Lowe Alan S Sell 4 813 Common Stock
2024-05-15 Hamel Judy G Sell 965 Common Stock
INSIDER POWER
40.38
Last 99 transactions
Buy: 333 087 | Sell: 143 203
Correlation (AI algo v.1.1b): Undervalued: 0.97% $46.50 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.56 (weak negative)
Short: -0.83 (strong negative)
Signal:(44) Neutral

Lumentum Holdings Inc Correlation

10 Most Positive Correlations
TBNK0.889
VGSH0.885
SFST0.881
XONE0.879
NFBK0.876
FISI0.868
LBRDK0.866
SHY0.865
FNCB0.865
PDCO0.865
10 Most Negative Correlations
PWP-0.87
BLIN-0.862
MTEK-0.862
VNOM-0.851
XBIT-0.851
NSYS-0.851
PRIM-0.85
PIE-0.844
FANG-0.841
NKTR-0.84

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Lumentum Holdings Inc Correlation - Currency/Commodity

The country flag 0.56
( weak )
The country flag 0.30
( neutral )
The country flag 0.00
( neutral )
The country flag -0.06
( neutral )
The country flag -0.21
( neutral )
The country flag -0.13
( neutral )

Lumentum Holdings Inc Financials

Annual 2023
Revenue: $1.77B
Gross Profit: $569.00M (32.20 %)
EPS: $-1.930
FY 2023
Revenue: $1.77B
Gross Profit: $569.00M (32.20 %)
EPS: $-1.930
FY 2022
Revenue: $1.71B
Gross Profit: $788.60M (46.05 %)
EPS: $2.79
FY 2021
Revenue: $1.74B
Gross Profit: $783.10M (44.93 %)
EPS: $5.27

Financial Reports:

No articles found.

Lumentum Holdings Inc Options Data

Calls

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Puts

Contract Name Last Trade Date (EDT) Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility Strike Date
No data available

Lumentum Holdings Inc

Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mode, and Raman pumps; and switches, attenuators, photodetectors, gain flattening filters, isolators, wavelength-division multiplexing filters, arrayed waveguide gratings, multiplex/de-multiplexers, and integrated passive modules. This segment also provides Super Transport Blade, which integrates optical transport functions into a single-slot blade; vertical-cavity surface-emitting lasers; directly modulated and electro-absorption modulated lasers; and laser illumination sources for 3D sensing systems. It serves customers in telecommunications, data communications, and consumer and industrial markets. The Commercial Lasers segment offers diode-pumped solid-state, fiber, diode, direct-diode, and gas lasers for use in original equipment manufacturer applications. It serves customers in markets and applications, such as sheet metal processing, general manufacturing, biotechnology, graphics and imaging, remote sensing, and precision machining. Lumentum Holdings Inc. was incorporated in 2015 and is headquartered in San Jose, California.

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