Kopin Corp. (KOPN) Trading Up 1.8%
Shares of Kopin Corp. (NASDAQ:KOPN) were up 1.8% during mid-day trading on Tuesday . The company traded as high as $2.25 and last traded at $2.22, with a volume of 81,406 shares traded. The stock had previously closed at $2.18.
A number of analysts have recently issued reports on KOPN shares. Zacks Investment Research raised shares of Kopin Corp. from a “hold” rating to a “buy” rating and set a $1.75 price objective for the company in a report on Wednesday, May 11th. Wunderlich downgraded shares of Kopin Corp. from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $3.00 to $2.00 in a report on Wednesday, August 3rd.
The firm’s market capitalization is $142.81 million. The firm has a 50 day moving average of $2.26 and a 200-day moving average of $2.00.
Kopin Corp. (NASDAQ:KOPN) last announced its earnings results on Tuesday, August 2nd. The company reported ($0.05) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.07. During the same period in the prior year, the company posted $0.01 earnings per share. The business had revenue of $4.40 million for the quarter, compared to analysts’ expectations of $4.70 million. On average, analysts anticipate 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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