Kopin (NASDAQ:KOPN) Trading 5.2% Higher

Kopin Co. (NASDAQ:KOPN)’s stock price traded up 5.2% on Thursday . The company traded as high as $1.24 and last traded at $1.22, 458,726 shares traded hands during trading. A decline of 19% from the average session volume of 568,432 shares. The stock had previously closed at $1.16.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a research note on Thursday, May 23rd. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $2.17.

The firm has a market capitalization of $96.75 million, a PE ratio of -2.54 and a beta of 1.40. The business’s 50 day moving average price is $1.17. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.71 and a quick ratio of 3.39.



Kopin (NASDAQ:KOPN) last issued its quarterly earnings data on Tuesday, May 7th. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.04). The business had revenue of $5.54 million during the quarter. Kopin had a negative net margin of 169.82% and a negative return on equity of 68.84%. As a group, sell-side analysts expect that Kopin Co. will post -0.35 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Weybosset Research & Management LLC acquired a new stake in Kopin in the 1st quarter valued at about $35,000. D. E. Shaw & Co. Inc. purchased a new position in Kopin in the 4th quarter valued at about $47,000. Oppenheimer & Co. Inc. purchased a new position in Kopin in the 1st quarter valued at about $61,000. Jane Street Group LLC purchased a new position in Kopin in the 4th quarter valued at about $74,000. Finally, Barclays PLC lifted its holdings in Kopin by 21.8% in the 4th quarter. Barclays PLC now owns 128,099 shares of the company’s stock valued at $128,000 after purchasing an additional 22,905 shares in the last quarter. 41.25% of the stock is currently owned by hedge funds and other institutional investors.

Kopin Company Profile (NASDAQ:KOPN)

Kopin Corporation invents, develops, manufactures, and sells various components and systems in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, optical lenses, and audio integrated circuits, as well as SOLOS smart glasses, which are hands-free head-worn devices that obtain information from sensors or the Internet via a smartphone and displays the information on the sunglass lens.

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