Kopin Corp. (KOPN) Trading Down 2.6%
Kopin Corp. (NASDAQ:KOPN) shares traded down 2.6% during mid-day trading on Friday . The stock traded as low as $2.22 and last traded at $2.22, with a volume of 94,105 shares. The stock had previously closed at $2.28.
Several research analysts have issued reports on the company. Zacks Investment Research lowered Kopin Corp. from a “hold” rating to a “sell” rating in a research note on Thursday, August 11th. Wunderlich lowered Kopin Corp. from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $3.00 to $2.00 in a research note on Wednesday, August 3rd.
The company has a 50 day moving average of $2.28 and a 200 day moving average of $1.97. The firm’s market cap is $142.17 million.
Kopin Corp. (NASDAQ:KOPN) last issued its earnings results on Tuesday, August 2nd. The company reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.07. The business had revenue of $4.40 million for the quarter, compared to the consensus estimate of $4.70 million. During the same quarter in the prior year, the firm posted $0.01 earnings per share. On average, equities analysts expect that Kopin Corp. will post ($0.39) EPS for the current fiscal year.
Kopin Corporation is an inventor, developer, manufacturer and seller of wearable technologies, which include components and systems. It operates in two segments, which include Forth Dimension Displays Ltd. (FDD) and Kopin. FDD is the manufacturer of its reflective display products for test and simulation products.
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