LASR
nLIGHT, Inc. Technology - Semiconductors Investor Relations →
nLIGHT, Inc. (LASR) closed at $51.12 as of 2026-02-02, trading 243.1% above its 200-week moving average of $14.90. The stock moved further from the line this week, up from 209.8% last week. With a 14-week RSI of 82, LASR is in overbought territory.
Over the past 358 weeks of data, LASR has crossed below its 200-week moving average 6 times. On average, these episodes lasted 40 weeks. The average one-year return after crossing below was -2.5%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $2.8 billion, LASR is a mid-cap stock. The company generates a free cash flow yield of 0.1%. Return on equity stands at -19.2%. The stock trades at 11.9x book value.
Share count has increased 10.6% over three years, indicating dilution.
Over the past 6.9 years, a hypothetical investment of $100 in LASR would have grown to $192, compared to $260 for the S&P 500. LASR has returned 9.8% annualized vs 14.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: LASR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LASR Crosses Below the Line?
Across 6 historical episodes, buying LASR when it crossed below its 200-week moving average produced an average return of +4.5% after 12 months (median +20.0%), compared to +18.3% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was -25.3% vs +27.7% for the index.
Each line shows $100 invested at the moment LASR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LASR has crossed below its 200-week MA 6 times with an average 1-year return of +-2.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 2019 | Apr 2019 | 3 | 7.5% | -62.2% | +105.7% |
| May 2019 | May 2020 | 52 | 56.3% | -15.0% | +104.2% |
| Jun 2020 | Jun 2020 | 1 | 0.6% | +54.4% | +141.8% |
| Sep 2020 | Sep 2020 | 1 | 6.8% | +34.5% | +156.1% |
| Oct 2020 | Nov 2020 | 1 | 1.1% | +32.4% | +140.7% |
| Dec 2021 | May 2025 | 179 | 57.9% | -58.8% | +115.5% |
| Average | 40 | — | +-2.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02