Research Frontiers Inc. (REFR) Shares Up 3.5%
Research Frontiers Inc. (NASDAQ:REFR) shot up 3.5% on Monday . The company traded as high as $3.60 and last traded at $3.56, with a volume of 57,639 shares trading hands. The stock had previously closed at $3.44.
Separately, Zacks Investment Research cut Research Frontiers from a “buy” rating to a “hold” rating in a research note on Thursday, July 7th.
The company’s market capitalization is $84.87 million. The company has a 50-day moving average of $3.55 and a 200-day moving average of $4.18.
Research Frontiers (NASDAQ:REFR) last announced its earnings results on Thursday, May 5th. The company reported ($0.05) EPS for the quarter, meeting analysts’ consensus estimates of ($0.05). The company had revenue of $409.10 million for the quarter. Equities analysts anticipate 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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