Jane Street Group LLC Acquires Shares of 35,385 Laser Photonics Co. (NASDAQ:LASE)

Jane Street Group LLC acquired a new stake in shares of Laser Photonics Co. (NASDAQ:LASE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 35,385 shares of the company’s stock, valued at approximately $577,000. Jane Street Group LLC owned about 0.23% of Laser Photonics as of its most recent SEC filing.

Separately, XTX Topco Ltd bought a new position in Laser Photonics during the second quarter valued at $32,000. 1.90% of the stock is owned by hedge funds and other institutional investors.

Laser Photonics Stock Up 6.9 %

LASE stock opened at $5.92 on Friday. Laser Photonics Co. has a twelve month low of $0.98 and a twelve month high of $19.80. The stock has a market capitalization of $81.89 million, a price-to-earnings ratio of -13.45 and a beta of 3.55. The firm’s fifty day simple moving average is $5.54 and its two-hundred day simple moving average is $5.13.

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.