A new trading day began on Monday, with Kopin Corp. (NASDAQ: KOPN) stock price up 6.61% from the previous day of trading, before settling in for the closing price of $0.78. KOPN’s price has ranged from $0.56 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. Meanwhile, its annual earnings per share averaged -108.33%. With a float of $149.06 million, this company’s outstanding shares have now reached $158.69 million.
Let’s look at the performance matrix of the company that is accounted for 144 employees. In terms of profitability, gross margin is 28.13%, operating margin of -54.91%, and the pretax margin is -113.93%.
Kopin Corp. (KOPN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Components Industry. The insider ownership of Kopin Corp. is 6.07%, while institutional ownership is 14.46%.
Kopin Corp. (KOPN) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.01 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -108.33% 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
Here are Kopin Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.40, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.07 in one year’s time.
Technical Analysis of Kopin Corp. (KOPN)
Kopin Corp. (NASDAQ: KOPN) saw its 5-day average volume 0.61 million, a negative change from its year-to-date volume of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 71.24%. Additionally, its Average True Range was 0.05.
During the past 100 days, Kopin Corp.’s (KOPN) raw stochastic average was set at 31.57%, which indicates a significant decrease from 86.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.20% in the past 14 days, which was lower than the 109.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8238, while its 200-day Moving Average is $1.2648. Nevertheless, the first resistance level for the watch stands at $0.8635 in the near term. At $0.8980, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9460. If the price goes on to break the first support level at $0.7810, it is likely to go to the next support level at $0.7330. The third support level lies at $0.6985 if the price breaches the second support level.
Kopin Corp. (NASDAQ: KOPN) Key Stats
With a market capitalization of 131.55 million, the company has a total of 118,428K Shares Outstanding. Currently, annual sales are 40,390 K while annual income is -19,750 K. The company’s previous quarter sales were 12,340 K while its latest quarter income was -5,920 K.
