Uni-Pixel, Inc. (NASDAQ:UNXL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

According to Zacks, “Uni-Pixel, Inc is engaged in the design and development of polymer film materials and related technologies for the display, flexible electronics, and energy, transportation and entertainment industries. The Company’s patented technology, Time Multiplexed Optical Shutter (TMOS) technology, can be used in mobile phones, digital cameras, notebook computers, televisions, and other consumer electronic devices. Uni-Pixel, Inc is headquartered in The Woodlands, Texas. “

Several other brokerages also recently weighed in on UNXL. ValuEngine downgraded Uni-Pixel from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd. Benchmark Co. reissued a “buy” rating and issued a $1.80 price objective on shares of Uni-Pixel in a research note on Friday, March 31st. Finally, Roth Capital reissued a “buy” rating and issued a $2.00 price objective (down from $3.00) on shares of Uni-Pixel in a research note on Monday, April 3rd.

Uni-Pixel (UNXL) traded down 0.794% during midday trading on Thursday, reaching $0.375. 28,950 shares of the company’s stock were exchanged. The firm’s 50 day moving average is $0.43 and its 200 day moving average is $0.83. Uni-Pixel has a 52 week low of $0.36 and a 52 week high of $1.81. The firm’s market capitalization is $22.35 million.

Uni-Pixel (NASDAQ:UNXL) last announced its quarterly earnings results on Thursday, May 11th. The electronics maker reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by $0.04. Uni-Pixel had a negative net margin of 619.07% and a negative return on equity of 290.64%. The company had revenue of $1.30 million during the quarter, compared to analyst estimates of $1.81 million. During the same period in the previous year, the firm posted ($0.24) earnings per share. The company’s revenue was up 44.4% compared to the same quarter last year. On average, equities analysts anticipate that Uni-Pixel will post ($0.41) earnings per share for the current year.

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An institutional investor recently raised its position in Uni-Pixel stock. Hood River Capital Management LLC raised its position in Uni-Pixel, Inc. (NASDAQ:UNXL) by 3.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 996,762 shares of the electronics maker’s stock after buying an additional 32,942 shares during the period. Hood River Capital Management LLC owned approximately 1.79% of Uni-Pixel worth $847,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 9.71% of the company’s stock.

Uni-Pixel Company Profile

Uni-Pixel, Inc develops and markets touch sensor films for the touch screen and flexible electronics markets. The Company’s roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The Company markets its technologies for touch panel sensor and hard coat resin for cover glass replacement, and protective cover film applications under the XTouch and Diamond Guard brands.

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