LSI Industries, Inc. (NASDAQ:LYTS) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totalling 174,800 shares, an increase of 53.7% from the May 30th total of 113,700 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 69,400 shares, the days-to-cover ratio is presently 2.5 days.
LSI Industries stock traded up $0.10 during trading on Thursday, reaching $4.06. 39,900 shares of the company were exchanged, compared to its average volume of 71,042. LSI Industries has a 52-week low of $2.48 and a 52-week high of $5.59. The firm has a market capitalization of $105.57 million, a P/E ratio of 18.45, a P/E/G ratio of 0.36 and a beta of 1.45. The company has a quick ratio of 1.39, a current ratio of 2.59 and a debt-to-equity ratio of 0.36. The firm’s 50 day moving average price is $3.69.
LSI Industries (NASDAQ:LYTS) last posted its earnings results on Thursday, April 25th. The construction company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.11). The business had revenue of $72.83 million for the quarter, compared to analyst estimates of $78.50 million. LSI Industries had a positive return on equity of 1.06% and a negative net margin of 6.01%. Equities research analysts predict that LSI Industries will post 0.2 earnings per share for the current year.
Separately, Zacks Investment Research upgraded Jack Henry & Associates from a “sell” rating to a “hold” rating in a research report on Wednesday, March 27th.
About LSI Industries
LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.
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