eMagin Co. (EMAN) Earns Buy Rating from HC Wainwright
HC Wainwright restated their buy rating on shares of eMagin Co. (NYSE:EMAN) in a research report report published on Friday morning. HC Wainwright currently has a $4.00 price objective on the semiconductor company’s stock.
Several other research analysts have also recently weighed in on the company. Rodman & Renshaw reaffirmed a buy rating and set a $4.00 target price on shares of eMagin in a research note on Friday, June 23rd. Zacks Investment Research cut eMagin from a hold rating to a sell rating in a research note on Tuesday, August 15th.
eMagin (NYSE EMAN) opened at 2.20 on Friday. The stock’s 50 day moving average is $2.24 and its 200-day moving average is $2.38. The stock’s market capitalization is $76.94 million. eMagin has a 12 month low of $1.85 and a 12 month high of $3.00.
eMagin (NYSE:EMAN) last issued its earnings results on Thursday, August 10th. The semiconductor company reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.02). eMagin had a negative return on equity of 44.28% and a negative net margin of 43.16%. The company had revenue of $5.26 million during the quarter, compared to analyst estimates of $6.00 million. On average, equities research analysts expect that eMagin will post ($0.23) earnings per share for the current year.
TRADEMARK VIOLATION WARNING: “eMagin Co. (EMAN) Earns Buy Rating from HC Wainwright” was first reported by Daily Political and is the property of of Daily Political. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at https://www.dailypolitical.com/2017/09/18/emagin-co-eman-earns-buy-rating-from-hc-wainwright.html.
An institutional investor recently bought a new position in eMagin stock. AWM Investment Company Inc. purchased a new stake in eMagin Co. (NYSE:EMAN) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,261,000 shares of the semiconductor company’s stock, valued at approximately $7,989,000. eMagin accounts for approximately 1.3% of AWM Investment Company Inc.’s investment portfolio, making the stock its 25th biggest position. AWM Investment Company Inc. owned 9.32% of eMagin as of its most recent filing with the Securities and Exchange Commission.
eMagin Company Profile
eMagin Corporation is engaged in the manufacture of microdisplays using organic light emitting diode (OLED) technology. The Company designs, develops, manufactures and markets OLED on silicon microdisplays, virtual imaging products that utilizes OLED microdisplays and related products. The Company also performs research in the OLED field.
Receive News & Ratings for eMagin Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eMagin Co. and related companies with MarketBeat.com's FREE daily email newsletter.