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Cepton (NASDAQ:CPTN) Trading 1% Higher - What's Next?

Cepton logo with Auto/Tires/Trucks background

Cepton, Inc. (NASDAQ:CPTN - Get Free Report) shares traded up 1% on Friday . The stock traded as high as $3.16 and last traded at $3.16. 75,339 shares traded hands during trading, an increase of 153% from the average session volume of 29,833 shares. The stock had previously closed at $3.13.

Analyst Upgrades and Downgrades

Separately, Westpark Capital reaffirmed a "hold" rating on shares of Cepton in a report on Wednesday, August 14th.

Get Our Latest Research Report on Cepton

Cepton Stock Performance

The stock has a market capitalization of $50.72 million, a PE ratio of -1.82 and a beta of 0.07. The stock's 50 day moving average is $3.13 and its two-hundred day moving average is $2.92.

Cepton (NASDAQ:CPTN - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($0.61) earnings per share for the quarter. The business had revenue of $0.55 million during the quarter.

Cepton Company Profile

(Get Free Report)

Cepton, Inc provides lidar-based solutions for automotive, smart cities, smart spaces, and smart industrial applications in the United States, Japan, China, and internationally. The company offers autograde lidar sensors, including Cepton Ultra, a slimmest lidar with MagnoSteer technology and proprietary ASIC chipset, enabling a combination of 300-meter range at 10% reflectivity and 0.05° resolution; Vista-X, a compact lidar solution with a range of up to 200m for long-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications; and Nova, an extremely-small form factor lidar solution with a range of up to 30m for near-range applications in ADAS L2+/L3, AV L4/L5, and suitable for smart infrastructure applications.

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