Kopin Co. (NASDAQ:KOPN - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.10 and traded as high as $1.48. Kopin shares last traded at $1.44, with a volume of 3,598,819 shares traded.
Analysts Set New Price Targets
KOPN has been the subject of several analyst reports. HC Wainwright reissued a "buy" rating and issued a $3.00 price objective on shares of Kopin in a research note on Wednesday, November 13th. StockNews.com downgraded shares of Kopin from a "hold" rating to a "sell" rating in a research note on Saturday, December 21st. Finally, Canaccord Genuity Group raised their price objective on shares of Kopin from $2.00 to $2.50 and gave the stock a "buy" rating in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Kopin has an average rating of "Moderate Buy" and a consensus target price of $2.63.
Read Our Latest Report on KOPN
Kopin Stock Up 4.5 %
The company's 50 day moving average price is $1.52 and its two-hundred day moving average price is $1.12. The stock has a market cap of $219.15 million, a P/E ratio of -3.37 and a beta of 2.73.
Institutional Trading of Kopin
Institutional investors and hedge funds have recently modified their holdings of the stock. Victory Capital Management Inc. bought a new stake in shares of Kopin during the fourth quarter valued at approximately $25,000. O Connor Financial Group LLC bought a new stake in shares of Kopin during the fourth quarter valued at approximately $28,000. One68 Global Capital LLC purchased a new position in Kopin during the fourth quarter valued at approximately $30,000. Prudential Financial Inc. purchased a new position in Kopin during the fourth quarter valued at approximately $37,000. Finally, FMR LLC increased its holdings in Kopin by 101,059.6% during the third quarter. FMR LLC now owns 57,661 shares of the company's stock valued at $42,000 after buying an additional 57,604 shares during the period. Institutional investors own 30.96% of the company's stock.
About Kopin
(
Get Free Report)
Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, and related components for defense, enterprise, industrial, and consumer products 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, microLED display technologies, application specific integrated circuits, backlights, and optical lenses; and head-mounted and hand-held VR products.
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