Jane Street Group LLC Invests $577,000 in Laser Photonics Co. (NASDAQ:LASE)

Jane Street Group LLC purchased a new position in Laser Photonics Co. (NASDAQ:LASE) during the third quarter, HoldingsChannel reports. The firm purchased 35,385 shares of the company’s stock, valued at approximately $577,000.

Separately, XTX Topco Ltd bought a new position in shares of Laser Photonics in the second quarter worth about $32,000. 1.90% of the stock is currently owned by institutional investors and hedge funds.

Laser Photonics Price Performance

NASDAQ:LASE opened at $5.92 on Friday. Laser Photonics Co. has a 1-year low of $0.98 and a 1-year high of $19.80. The company has a 50-day moving average of $5.54 and a 200 day moving average of $5.13. The firm has a market cap of $81.89 million, a PE ratio of -13.45 and a beta of 3.55.

Laser Photonics Profile

Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-50-CTHD, an entry-level dual axis laser cleaning and surface treatment system; CleanTech Handheld LPC-100-CTHD, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200-CTHD for cleaning rust, remove paints, and other coatings; CleanTech Handheld LPC-300-CTHD, a air-cooled laser system; CleanTech Handheld LPC-1000-CTHS, a single axis laser cleaning and surface treatment system; CleanTech Handheld LPC-1000-CTHD, a portable handheld roughing laser cleaner; CleanTech Handheld-1500-CTHS, an handheld laser cleaning, roughing, and surface preparation system; CleanTech Handheld-1500-CTHD, a dual axis fiber laser system; CleanTech Handheld LPC-2000-CTHD for cleaning rust and remove coatings; CleanTech LPC-3000-CTHD for cleaning and removing rust, corrosion, and other materials; CleanTech Laser Blaster Cabinet, a laser cleaning machine; CleanTech Robotic Cell Enclosure, an AI-capable laser cleaning system that eliminates the concerns over human hazard and eye safety; CleanTech EZ- Rider, a laser cleaning tool; and CleanTech Robot, an industrial robotic laser cleaning system.