Anson Funds Management LP Purchases Shares of 250,000 Laser Photonics Co. (NASDAQ:LASE)

Anson Funds Management LP acquired a new stake in shares of Laser Photonics Co. (NASDAQ:LASE - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 250,000 shares of the company's stock, valued at approximately $4,077,000. Anson Funds Management LP owned approximately 1.64% of Laser Photonics at the end of the most recent quarter.

Separately, XTX Topco Ltd purchased a new position in shares of Laser Photonics during the 2nd quarter valued at $32,000. 1.90% of the stock is owned by institutional investors and hedge funds.

Laser Photonics Stock Up 4.1 %

Shares of LASE stock traded up $0.21 on Friday, reaching $5.28. The company's stock had a trading volume of 247,738 shares, compared to its average volume of 1,592,929. The company has a market capitalization of $73.03 million, a P/E ratio of -12.00 and a beta of 3.55. Laser Photonics Co. has a 12-month low of $0.78 and a 12-month high of $19.80. The stock's 50 day simple moving average is $6.53 and its 200-day simple moving average is $4.64.

About Laser Photonics

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.