Kopin Corp. (KOPN) Shares Down 2.7%
Shares of Kopin Corp. (NASDAQ:KOPN) fell 2.7% during mid-day trading on Friday . The stock traded as low as $2.20 and last traded at $2.20, with a volume of 99,236 shares traded. The stock had previously closed at $2.26.
Several research firms have issued reports on KOPN. Zacks Investment Research raised shares of Kopin Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, May 5th. Wunderlich lowered shares of Kopin Corp. from a “buy” rating to a “hold” rating and dropped their price target for the stock from $3.00 to $2.00 in a research report on Wednesday, August 3rd.
The firm’s 50-day moving average is $2.27 and its 200 day moving average is $1.99. The company’s market cap is $142.81 million.
Kopin Corp. (NASDAQ:KOPN) last released its quarterly earnings data on Tuesday, August 2nd. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.07. The company earned $4.40 million during the quarter, compared to the consensus estimate of $4.70 million. During the same quarter in the prior year, the firm earned $0.01 EPS. On average, equities research analysts predict 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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