Kopin Corp. (KOPN) Shares Down 2.6%
Kopin Corp. (NASDAQ:KOPN)’s share price fell 2.6% during trading on Friday . The stock traded as low as $2.22 and last traded at $2.22, with a volume of 94,105 shares trading hands. The stock had previously closed at $2.28.
Several brokerages recently commented on KOPN. Zacks Investment Research raised shares of Kopin Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, May 5th. Wunderlich downgraded shares of Kopin Corp. from a “buy” rating to a “hold” rating and dropped their price objective for the company from $3.00 to $2.00 in a research note on Wednesday, August 3rd.
The company’s market capitalization is $142.17 million. The company’s 50-day moving average is $2.28 and its 200 day moving average is $1.98.
Kopin Corp. (NASDAQ:KOPN) last posted its earnings results on Tuesday, August 2nd. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.07. The business earned $4.40 million during the quarter, compared to analysts’ expectations of $4.70 million. During the same quarter in the previous year, the business earned $0.01 EPS. On average, analysts expect that Kopin Corp. will post ($0.39) earnings per share for the current 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.