Research Frontiers Inc. (REFR) Sees Unusually-High Trading Volume
Research Frontiers Inc. (NASDAQ:REFR) shares saw an uptick in trading volume on Tuesday . 65,801 shares changed hands during trading, an increase of 30% from the previous session’s volume of 50,557 shares.The stock last traded at $2.93 and had previously closed at $2.91.
Several research firms have weighed in on REFR. Zacks Investment Research downgraded shares of Research Frontiers from a “buy” rating to a “hold” rating in a report on Thursday, July 7th. Craig Hallum downgraded shares of Research Frontiers from a “buy” rating to a “hold” rating in a report on Friday.
The stock’s market capitalization is $72.13 million. The company’s 50 day moving average is $3.48 and its 200 day moving average is $4.14.
Research Frontiers (NASDAQ:REFR) last issued its earnings results on Thursday, August 4th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.03) by $0.07. Analysts expect that Research Frontiers Inc. will post ($0.13) EPS for the current year.
Research Frontiers Incorporated (Research Frontiers) is engaged in the development and marketing of technology and devices to control the flow of light. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, lamination services, electronics to power end-products incorporating the film, or the end-products themselves, such as smart windows, skylights and sunroofs.
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