Kopin Corp. (NASDAQ: KOPN) on Friday, plunged -5.70% from the previous trading day, before settling in for the closing price of $1.58. Within the past 52 weeks, KOPN’s price has moved between $0.97 and $2.82.
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Technology Sector giant saw their annual sales surged by 11.88% over the last five years. The company achieved an average annual earnings per share of 38.89%. With a float of $110.36 million, this company’s outstanding shares have now reached $112.25 million.
The firm has a total of 144 workers. Let’s measure their productivity.
Kopin Corp. (KOPN) Insider Activity
Observing investor behavior towards Electronic Components industry stocks is more important than anything else. The insider ownership of Kopin Corp. is 6.82%, while institutional ownership is 28.45%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 55.05 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
Kopin Corp. (KOPN) is currently performing well based on its current performance indicators. A quick ratio of 2.03 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.37.
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)
Analysing the last 5-days average volume posted by the [Kopin Corp., KOPN], we can find that recorded value of 0.69 million was lower than the volume posted last year of 1.93 million. As of the previous 9 days, the stock’s Stochastic %D was 7.29%. Additionally, its Average True Range was 0.12.
During the past 100 days, Kopin Corp.’s (KOPN) raw stochastic average was set at 7.64%, which indicates a significant increase from 4.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.56% in the past 14 days, which was lower than the 81.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1586, while its 200-day Moving Average is $1.7498. Now, the first resistance to watch is $1.5500. This is followed by the second major resistance level at $1.6100. The third major resistance level sits at $1.6500. If the price goes on to break the first support level at $1.4500, it is likely to go to the next support level at $1.4100. Should the price break the second support level, the third support level stands at $1.3500.
Kopin Corp. (NASDAQ: KOPN) Key Stats
Market capitalization of the company is 176.46 million based on 118,430K outstanding shares. Right now, sales total 40,390 K and income totals -19,750 K. The company made 8,580 K in profit during its latest quarter, and -6,490 K in sales during its previous quarter.
