eMagin (NYSEAMERICAN:EMAN) Sees Strong Trading Volume

Shares of eMagin Co. (NYSEAMERICAN:EMAN) saw an uptick in trading volume on Tuesday . 787,000 shares were traded during trading, an increase of 644% from the previous session’s volume of 105,750 shares.The stock last traded at $0.32 and had previously closed at $0.30.

A number of research firms have recently weighed in on EMAN. HC Wainwright reissued a “buy” rating on shares of eMagin in a research note on Wednesday, August 14th. Zacks Investment Research raised eMagin from a “hold” rating to a “buy” rating and set a $0.50 target price for the company in a research note on Wednesday, November 13th.

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

About eMagin (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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