CVE:LTELite Access Technologies Stock Price, Forecast & News

C$0.32

+0.03 (+10.34 %)

(As of 04/7/2020 08:00 AM ET)

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Today's Range

C$0.32

Now: C$0.32▼

C$0.36

50-Day Range

C$0.27

MA: C$0.38▼

C$0.50

52-Week Range

C$0.10

Now: C$0.32▼

C$0.62

Volume61,500 shs

Average Volume113,325 shs

Market CapitalizationC$16.18 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. It operates in two segments, Product and Fibre Optic Installation. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services that are used in various communication networks, including Olympic, military, and government facilities. It also provides fiber-optic cables, aerial and low fire hazard micro-ducts, connectors, and sundries, as well as proprietary items, such as a cutting head, shark blades, and the LiteXtend solution. The company serves municipal and regional governments, telecom carriers and Internet service providers, first nation communities, and fibre to the home/premises, as well as intelligent traffic control, healthcare, point to point, and education networks. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Langley, Canada.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Lite Access Technologies.

2.8 Community Rank

Outperform Votes
Lite Access Technologies has received 34 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Lite Access Technologies has received 26 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Lite Access Technologies has received 56.67% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Lite Access Technologies and other stocks. Vote “Outperform” if you believe LTE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LTE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Lite Access Technologies does not currently pay a dividend.
Dividend Growth
Lite Access Technologies does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lite Access Technologies insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$520.00 in company stock and sold C$0.00 in company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Lite Access Technologies are expected to decrease by -100.00% in the coming year, from C($0.02) to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lite Access Technologies is -2.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lite Access Technologies is -2.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Lite Access Technologies has a P/B Ratio of 2.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange CVE

Industry Communication Equipment

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolCVE:LTE

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.liteaccess.com/

Phone604-247-4704

Debt

Debt-to-Equity Ratio8.87

Current Ratio1.87

Quick Ratio1.66

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$6.51 million

Price / Sales2.49

Cash FlowC$0.01 per share

Price / Cash Flow22.50

Book ValueC$0.15 per share

Price / Book2.19

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares50,560,000

Market CapC$16.18 million

Next Earnings DateN/A

OptionableNot Optionable

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Lite Access Technologies (CVE:LTE) Frequently Asked Questions

How has Lite Access Technologies' stock been impacted by COVID-19 (Coronavirus)?

Lite Access Technologies' stock was trading at C$0.37 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LTE shares have decreased by 13.5% and is now trading at C$0.32. View which stocks have been mosted impacted by Coronavirus.

Has Lite Access Technologies been receiving favorable news coverage?

News stories about LTE stock have trended very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lite Access Technologies earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutLite Access Technologies.

Who are some of Lite Access Technologies' key competitors?

Some companies that are related to Lite Access Technologies include Sky and Space Global (SAS), Network-1 Technologies (NTIP), Baylin Technologies (BYL), MTI Wireless Edge (MWE), Maintel (MAI), Siyata Mobile (SIM), BK Technologies (BKTI), Nuheara (NUH), FTE Networks (FTNW), FTE Networks (FTNW), Wireless Telecom Group (WTT), Redline Communications Group (RDL), AgJunction (AJX), Mobilicom (MOB) and Filtronic (FTC).

What other stocks do shareholders of Lite Access Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lite Access Technologies investors own include Grande West Transportation Group (BUS), Co-Diagnostics (CODX), Sierra Oncology (SRRA), Tonix Pharmaceuticals (TNXP), Ibio (IBIO), Pharmacyte Biotech (PMCB), SANUWAVE Health (SNWV), Digital Ally (DGLY), FuelCell Energy (FCEL) and Inpixon (INPX).

Who are Lite Access Technologies' key executives?

Lite Access Technologies' management team includes the following people:

Mr. Michael Priest, Co-Founder & Advisor
Mr. Michael Plotnikoff, Co-Founder & Advisor
Mr. Carlo M. Shimoon, Pres, CEO & Director
Mr. Arun Gupta, Chief Financial Officer
Mr. Cameron Cromwell, Managing Director of UK

What is Lite Access Technologies' stock symbol?

Lite Access Technologies trades on the Canadian Venture Exchange (CVE) under the ticker symbol "LTE."

How do I buy shares of Lite Access Technologies?

Shares of LTE and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Lite Access Technologies' stock price today?

One share of LTE stock can currently be purchased for approximately C$0.32.

How big of a company is Lite Access Technologies?

Lite Access Technologies has a market capitalization of C$16.18 million and generates C$6.51 million in revenue each year. View additional information about Lite Access Technologies.

What is Lite Access Technologies' official website?

The official website for Lite Access Technologies is http://www.liteaccess.com/.

How can I contact Lite Access Technologies?

The company can be reached via phone at 604-247-4704.

This page was last updated on 4/7/2020 by MarketBeat.com Staff

CVE:LTELite Access Technologies Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

0.0 Analyst's Opinion

Consensus Rating

2.8 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment