Kopin Corp (NASDAQ:KOPN) does about 1.19M shares in volume on a normal day but saw 1541940 shares change hands in the recent trading day. The company now has a market cap of 160.38M USD. Its current market price is $1.01, marking a decrease of -6.48% compared to the previous close of $1.08. The 52 week high reached by this stock is $2.82 whilst the lowest price level in 52 weeks is $0.56.
Kopin Corp (KOPN) has a 20-day trading average at $0.8556 and the current price is -64.18% off the 52-week high compared with 80.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7873 and its 200-day simple moving average is $1.1336. If we look at the stock’s price movements over the week, volatility stands at 14.53%, which decreases to 12.10% 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 63.68 to suggest the stock is neutral.
The consensus objective for the share price is $2.50, suggesting that the stock has a potential upside of 59.6% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
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.
The current price level is 18.04%, 28.29%, and -10.90% away from its SMA20, SMA50, and SMA200 respectively, with the KOPN price moving below the 50-day SMA on current market day. Kopin Corp (KOPN) stock is up 19.51% over the week and 21.83% over the past month. Its price is -50.25% year-to-date and -36.48% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -0.04 below consensus estimates by -0.02. The company’s next earnings report forecasts estimating quarterly EPS at -0.01 and -0.13 for whole year. Expected sales for next quarter are $12.3M, which analysts say will come at $48.36M for the current fiscal year and next year at $55.29M. In addition, estimates put the company’s current quarterly revenue at an average of $12.77M.
To reach the target analysts have set, the stock logically needs to grow 59.6 percent from here.
The company has a return on investment of -198.76% and return on equity of -169.61%. The beta has a value of 2.67. Price to book ratio is 6.81 and price to sales ratio is 3.62.
