A new trading day began on Monday, with Kopin Corp (NASDAQ: KOPN) stock price up 10.07% from the previous day of trading, before settling in for the closing price of $1.39. KOPN’s price has ranged from $0.56 to $2.82 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 11.88% over the past five years. Meanwhile, its annual earnings per share averaged -90.28%. With a float of $149.37 million, this company’s outstanding shares have now reached $153.18 million.
Let’s look at the performance matrix of the company that is accounted for 144 employees. In terms of profitability, gross margin is 23.85%, operating margin of -0.18%, and the pretax margin is -30.86%.
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 5.94%, while institutional ownership is 26.67%.
Kopin Corp (KOPN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -90.28% 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 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.41, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Kopin Corp (KOPN)
Kopin Corp (NASDAQ: KOPN) saw its 5-day average volume 2.42 million, a positive change from its year-to-date volume of 1.52 million. As of the previous 9 days, the stock’s Stochastic %D was 84.44%. Additionally, its Average True Range was 0.13.
During the past 100 days, Kopin Corp’s (KOPN) raw stochastic average was set at 95.09%, which indicates a significant increase from 90.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.25% in the past 14 days, which was lower than the 108.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0092, while its 200-day Moving Average is $0.9957. Nevertheless, the first resistance level for the watch stands at $1.6333 in the near term. At $1.7367, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8933. If the price goes on to break the first support level at $1.3733, it is likely to go to the next support level at $1.2167. The third support level lies at $1.1133 if the price breaches the second support level.
Kopin Corp (NASDAQ: KOPN) Key Stats
With a market capitalization of 242.96 million, the company has a total of 158,801K Shares Outstanding. Currently, annual sales are 40,390 K while annual income is -19,750 K. The company’s previous quarter sales were 13,320 K while its latest quarter income was -3,460 K.
