Kopin Corp. (NASDAQ:KOPN) shares traded down 4% during trading on Thursday . The company traded as low as $2.36 and last traded at $2.39, with a volume of 94,805 shares trading hands. The stock had previously closed at $2.49.

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

The firm’s market cap is $149.07 million. The company’s 50-day moving average price is $2.32 and its 200 day moving average price is $1.96.

Kopin Corp. (NASDAQ:KOPN) last released its quarterly earnings results on Wednesday, May 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.11). The firm had revenue of $6.12 million for the quarter, compared to the consensus estimate of $5 million. During the same quarter in the prior year, the firm earned ($0.06) earnings per share. On average, equities analysts predict that Kopin Corp. will post ($0.37) EPS for the current fiscal year.

In other news, CEO John C. C. Fan purchased 200,000 shares of the business’s stock in a transaction on Thursday, May 12th. The stock was acquired at an average cost of $1.76 per share, for a total transaction of $352,000.00. Following the purchase, the chief executive officer now directly owns 3,634,769 shares in the company, valued at approximately $6,397,193.44. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael J. Landine purchased 25,000 shares of the business’s stock in a transaction on Tuesday, May 17th. The shares were purchased at an average price of $1.78 per share, with a total value of $44,500.00. Following the completion of the purchase, the director now owns 120,000 shares in the company, valued at $213,600. 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 disclosure with the Securities and Exchange Commission. The institutional investor owned 2,066,426 shares of the company’s stock after buying an additional 55,448 shares during the period. Royce & Associates LLC owned about 3.25% of Kopin Corp. worth $5,621,000 at the end of the most recent quarter.

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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