eMagin (NYSEAMERICAN:EMAN) Share Price Passes Above 200-Day Moving Average of $0.00

eMagin Co. (NYSEAMERICAN:EMAN)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $0.39. eMagin shares last traded at $0.39, with a volume of 11,120 shares.

A number of analysts have recently weighed in on the stock. Craig Hallum downgraded shares of eMagin from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th. HC Wainwright reaffirmed a “buy” rating on shares of eMagin in a research note on Wednesday, August 14th. Finally, Zacks Investment Research raised shares of eMagin from a “sell” rating to a “hold” rating in a research note on Tuesday, October 15th.

eMagin (NYSEAMERICAN:EMAN) last announced its quarterly earnings results on Thursday, November 7th. The semiconductor company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). The business had revenue of $7.92 million during the quarter, compared to analysts’ expectations of $7.20 million.

eMagin Company Profile (NYSEAMERICAN:EMAN)

eMagin Corporation designs, develops, manufactures, and markets organic light emitting diode (OLED) displays on-silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL/XLS.

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