On Tuesday, Kopin Corp. (NASDAQ: KOPN) opened lower -1.21% from the last session ,before settling in for the closing price of $1.65. Price fluctuations for KOPN have ranged from $0.97 to $2.82 over the past 52 weeks.
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Annual sales at Technology sector company grew by 11.88% over the past five years. Company’s average yearly earnings per share was noted 38.89% at the time writing. With a float of $110.08 million, this company’s outstanding shares have now reached $112.25 million.
Let’s look at the performance matrix of the company that is accounted for 144 employees.
Kopin Corp. (KOPN) Insider Updates
A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of Kopin Corp. is 7.05%, while institutional ownership is 28.44%. The most recent insider transaction that took place on May 17 ’23, was worth 31,446. In this transaction Director of this company bought 23,293 shares at a rate of $1.35, taking the stock ownership to the 5,531,099 shares. Before that another transaction happened on May 16 ’23, when Company’s Director bought 25,000 for $1.25, making the entire transaction worth $31,250. This insider now owns 5,507,806 shares in total.
Kopin Corp. (KOPN) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.06 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.03) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 17.43% growth over the previous five years of trading.
Kopin Corp. (NASDAQ: KOPN) Trading Performance Indicators
Check out the current performance indicators for Kopin Corp. (KOPN). In the past quarter, the stock posted a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach 0.01 in one year’s time.
Technical Analysis of Kopin Corp. (KOPN)
Kopin Corp. (NASDAQ: KOPN) saw its 5-day average volume 0.8 million, a negative change from its year-to-date volume of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 22.73%. Additionally, its Average True Range was 0.13.
During the past 100 days, Kopin Corp.’s (KOPN) raw stochastic average was set at 17.36%, which indicates a significant increase from 12.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.43% in the past 14 days, which was lower than the 81.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1770, while its 200-day Moving Average is $1.7577. Nevertheless, the first resistance level for the watch stands at $1.6750 in the near term. At $1.7200, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.7500. If the price goes on to break the first support level at $1.6000, it is likely to go to the next support level at $1.5700. Assuming the price breaks the second support level, the third support level stands at $1.5250.
Kopin Corp. (NASDAQ: KOPN) Key Stats
There are currently 118,430K shares outstanding in the company with a market cap of 193.04 million. Presently, the company’s annual sales total 40,390 K according to its annual income of -19,750 K. Last quarter, the company’s sales amounted to 8,580 K and its income totaled -6,490 K.
