Kopin Corp. (NASDAQ:KOPN) does about 2.12M shares in volume on a normal day but saw 2024518 shares change hands in Monday trading. The company now has a market cap of 107.26M USD. Its current market price is $0.91, marking an increase of 10.52% compared to the previous close of $0.82. The 52 week high reached by this stock is $2.82 whilst the lowest price level in 52 weeks is $0.67.
Kopin Corp. (KOPN) has a 20-day trading average at $1.1215 and the current price is -67.88% off the 52-week high compared with 35.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.7178 and its 200-day simple moving average is $1.6650. If we look at the stock’s price movements over the week, volatility stands at 11.42%, which increases to 12.01% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 29.44 to suggest the stock is oversold.
The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 69.67% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 02, 2023 when Stifel initiated the stock to “Buy” and issued a price target of $3. H.C. Wainwright upgraded the stock to “Buy” from Neutral on December 16, 2021 at a price target of $6.
Kopin Corp. (KOPN) stock is up 12.40% over the week and -44.77% over the past month. Its price is -55.38% year-to-date and -10.33% over the past year.
To reach the target analysts have set, the stock logically needs to grow 69.67 percent from here.
The company has a return on investment of -63.01% and return on equity of -73.59%. The forward price to earnings ratio is 90.57. The beta has a value of 2.58. Price to book ratio is 3.45 and price to sales ratio is 2.66.
