LITE Stock Performance and Key Statistics

LITE has a current P/E ratio of 155.11

The LITE stock has a trailing twelve month price-to sales (P/S) ratio of 18.72 while its price-to-book (P/B) value is 46.1.

LITE's price-to-free-cashflow (P/FCF) ratio is -445.33, an indicator that is currently being trending upward.

Based on LITE's recent bid, its distance from 20 days simple moving average is 43.25%. It is 51.5% apart from 50 days simple moving average, and it is 193.67% apart from 200 days simple moving average.

The 52-week high for LITE is $558.38 which is 8.76% away from the current price level whereas the distance of that from the 52-week low of $45.65 stands at 1,109.18%.

The performance of LITE stock was not encouraging with most of its significant price indicators in red. Lumentum Holdings Inc.(NASDAQ: LITE) shares have moved upward +9.43% or $47.57 in the latest trading session and have lost -3.19% year-to-date (YTD). The stock has gained nearly 299.32% over the past year. After moving 116.56% over the trailing 3-month period, the stock is 243.63% higher in the 6-month period. Looking at its performance over the shorter term, it'sgained 4.99% a week and 11.42% a month.

The current 14-day RSI for LITE stock is 78.72. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.

ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, Lumentum Holdings Inc. (LITE) has a 14-day ATR of 42.05.

After closing at $504.42 with 71.4M of its shares outstanding, the current enterprise value of LITE is roughly 5.25B.

Lumentum Holdings Inc. (NASDAQ: LITE) is up 299.32% when it comes to the percentage price change over the past 52-weeks. The percentage price change came more than that of broader S&P 500 index that came at a rise of 8.57%. LITE stock price is also down -3.19% on its value in year-to-date trading.

The number outstanding shares of LITE is 71.4M, and of these 98.7% shares are freely available for trading. On average, LITE stock has traded 8.05M shares per day for the past 10 days. A total of 6.67M shares changed hands during the last trading session with the average session volume of 4.75M shares.