Research Frontiers (NASDAQ:REFR) Stock Breaks Below 200 Day Moving Average – Time to Sell?

Research Frontiers Incorporated (NASDAQ:REFR)’s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $0.67 and traded as low as $0.6650. Research Frontiers shares last traded at $0.6987, with a volume of 202,418 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Research Frontiers in a report on Monday, September 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Research Frontiers presently has a consensus rating of “Sell”.

Research Frontiers Stock Performance

The company has a 50 day moving average of $0.49 and a 200 day moving average of $0.67. The stock has a market capitalization of $24.23 million, a price-to-earnings ratio of -9.93 and a beta of 0.58.

Research Frontiers (NASDAQ:REFR) last released its earnings results on Thursday, August 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $0.09 million for the quarter. Research Frontiers had a negative return on equity of 168.54% and a negative net margin of 344.56%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Research Frontiers stock. BlackRock Inc. bought a new position in shares of Research Frontiers Incorporated (NASDAQ:REFR) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 532,542 shares of the technology company’s stock, valued at approximately $277,000. BlackRock Inc. owned about 1.53% of Research Frontiers at the end of the most recent reporting period. 11.91% of the stock is owned by institutional investors.

About Research Frontiers

Research Frontiers, Inc develops and licenses technology for electronically controlled light-management products. Its principal technology, SPD-SmartGlass, uses suspended-particle devices to change glass or film from transparent to shaded or darkened when an electrical current is applied. This enables users to control sunlight, glare, heat and privacy while preserving visibility through the glazing.

The company does not primarily operate as a conventional glass manufacturer. Instead, it licenses its intellectual property and technology to manufacturers and other commercial partners that incorporate SPD-SmartGlass into products.