LSI Industries (LYTS) was Initiated by ROTH Capital to “Buy” and the brokerage firm has set the Price Target at $14. ROTH Capital advised their investors in a research report released on Aug 25, 2016.
LSI Industries opened for trading at $9.58 and hit $9.82 on the upside on Tuesday, eventually ending the session at $9.77, with a gain of 1.88% or 0.18 points. The heightened volatility saw the trading volume jump to 44,193 shares. Company has a market cap of $243 M.
In a different news, on May 16, 2016, Gary P Kreider (director) sold 5,754 shares at $12.15 per share price. According to the SEC, on Mar 10, 2016, Ronald S Stowell (VP, CFO and Treasurer) sold 22,000 shares at $11.20 per share price. On Feb 3, 2016, James P/ Sferra (director) sold 30,000 shares at $11.12 per share price, according to the Form-4 filing with the securities and exchange commission.
LSI Industries Inc. is a provider of corporate visual image solutions through the combination of digital and screen graphics capabilities various indoor and outdoor lighting products lighting control systems and related professional services. The Company operates through three segments: Lighting Segment Graphics Segment and Technology Segment. It also provides digital solid-state light emitting diode (LED) video screens to sports stadiums and arenas. The Company’s Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial industrial niche and multi-site retail markets including the petroleum/convenience store quick-service and automotive markets. Its Graphics Segment designs manufactures and installs exterior and interior visual image elements. Its Technology Segment designs engineers and manufactures electronic circuit boards assemblies and sub-assemblies and various control system products among others.