Kopin Co. (NASDAQ:KOPN) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.16 and traded as high as $1.11. Kopin shares last traded at $1.10, with a volume of 6,987 shares trading hands.

Several research firms have issued reports on KOPN. ValuEngine cut shares of Zumiez from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research upgraded shares of Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a research note on Thursday, May 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $2.17.

The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.39 and a current ratio of 3.71. The company has a market cap of $92.54 million, a price-to-earnings ratio of -2.29 and a beta of 1.39. The stock’s 50 day moving average price is $1.16.

Kopin (NASDAQ:KOPN) last posted its earnings results on Tuesday, May 7th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.04). The company had revenue of $5.54 million for the quarter. Kopin had a negative net margin of 169.82% and a negative return on equity of 68.84%. On average, research analysts forecast that Kopin Co. will post -0.35 EPS for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the business. Weybosset Research & Management LLC bought a new position in Kopin during the 1st quarter valued at about $35,000. Penbrook Management LLC increased its position in shares of Kopin by 35.6% during the 1st quarter. Penbrook Management LLC now owns 672,530 shares of the company’s stock valued at $901,000 after purchasing an additional 176,625 shares during the last quarter. Rhumbline Advisers increased its position in shares of Kopin by 18.6% during the 4th quarter. Rhumbline Advisers now owns 167,730 shares of the company’s stock valued at $168,000 after purchasing an additional 26,294 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new stake in shares of Kopin during the 1st quarter valued at about $61,000. Finally, Geode Capital Management LLC increased its position in shares of Kopin by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 636,382 shares of the company’s stock valued at $635,000 after purchasing an additional 21,327 shares during the last quarter. Institutional investors and hedge funds own 41.25% of the company’s stock.

About Kopin (NASDAQ:KOPN)

Kopin Corporation invents, develops, manufactures, and sells various components and systems in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, optical lenses, and audio integrated circuits, as well as SOLOS smart glasses, which are hands-free head-worn devices that obtain information from sensors or the Internet via a smartphone and displays the information on the sunglass lens.

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