Research Frontiers Inc. (REFR) Reaches New 52-Week Low at $3.28
Research Frontiers Inc. (NASDAQ:REFR)’s share price hit a new 52-week low on Friday . The stock traded as low as $3.28 and last traded at $3.37, with a volume of 10,645 shares trading hands. The stock had previously closed at $3.41.
Separately, Zacks Investment Research upgraded Research Frontiers from a “sell” rating to a “buy” rating and set a $4.75 price target for the company in a research note on Thursday, May 12th.
The company has a 50 day moving average of $3.65 and a 200-day moving average of $4.25. The stock’s market capitalization is $79.58 million.
Research Frontiers (NASDAQ:REFR) last issued its quarterly earnings data on Thursday, May 5th. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.05). The firm had revenue of $409.10 million for the quarter. Equities research analysts anticipate that Research Frontiers Inc. will post ($0.13) earnings per share for the current year.
Research Frontiers Incorporated (Research Frontiers) is engaged in the development and marketing of technology and devices to control the flow of light. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, lamination services, electronics to power end-products incorporating the film, or the end-products themselves, such as smart windows, skylights and sunroofs.
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