Research Frontiers Inc. (REFR) Sets New 12-Month Low at $3.10
Shares of Research Frontiers Inc. (NASDAQ:REFR) reached a new 52-week low on Thursday . The company traded as low as $3.10 and last traded at $3.13, with a volume of 129,695 shares traded. The stock had previously closed at $3.13.
Separately, Zacks Investment Research cut Research Frontiers from a “buy” rating to a “hold” rating in a research report on Thursday, July 7th.
The firm has a 50 day moving average price of $3.56 and a 200-day moving average price of $4.19. The company’s market capitalization is $82.71 million.
Research Frontiers (NASDAQ:REFR) last released its quarterly earnings data on Thursday, May 5th. The company reported ($0.05) EPS for the quarter, meeting the consensus estimate of ($0.05). The company earned $409.10 million during the quarter. Equities analysts predict that Research Frontiers Inc. will post ($0.13) earnings per share for the current fiscal 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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