Kopin Corp. (NASDAQ:KOPN) shares were up 5.8% on Tuesday . The company traded as high as $2.46 and last traded at $2.39, with a volume of 111,940 shares trading hands. The stock had previously closed at $2.26.

Separately, Zacks Investment Research downgraded Kopin Corp. from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 7th.

The stock’s market cap is $156.11 million. The company’s 50-day moving average price is $2.30 and its 200 day moving average price is $1.95.

Kopin Corp. (NASDAQ:KOPN) last announced its quarterly earnings data on Wednesday, May 4th. The company reported ($0.11) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.11). During the same quarter in the previous year, the business posted ($0.06) earnings per share. The firm earned $6.12 million during the quarter, compared to the consensus estimate of $5 million. Analysts forecast that Kopin Corp. will post ($0.36) EPS for the current fiscal year.

In other news, Director David Brook acquired 50,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The shares were purchased at an average cost of $1.82 per share, for a total transaction of $91,000.00. Following the transaction, the director now owns 263,760 shares of the company’s stock, valued at $480,043.20. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO John C. C. Fan acquired 200,000 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was purchased at an average price of $1.76 per share, for a total transaction of $352,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,634,769 shares in the company, valued at approximately $6,397,193.44. The disclosure for this purchase can be found here.

An institutional investor recently raised its position in Kopin Corp. stock. Royce & Associates LLC boosted its position in shares of Kopin Corp. (NASDAQ:KOPN) by 2.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,066,426 shares of the company’s stock after buying an additional 55,448 shares during the period. Royce & Associates LLC owned 3.25% of Kopin Corp. worth $5,621,000 as of its most recent filing with the SEC.

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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