Kopin Co. (NASDAQ:KOPN)’s stock price rose 7.5% on Wednesday . The company traded as high as $0.44 and last traded at $0.43, approximately 212,043 shares traded hands during mid-day trading. A decline of 48% from the average daily volume of 404,704 shares. The stock had previously closed at $0.40.

KOPN has been the subject of a number of recent analyst reports. Zacks Investment Research raised Kopin from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. ValuEngine raised shares of Kopin from a “sell” rating to a “hold” rating in a research report on Friday, January 3rd.

The stock has a market cap of $34.85 million, a PE ratio of -0.90 and a beta of 1.24. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.74 and a current ratio of 3.02. The company’s 50-day moving average price is $0.44 and its 200 day moving average price is $0.74.

Kopin (NASDAQ:KOPN) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.02). Kopin had a negative net margin of 116.39% and a negative return on equity of 69.67%. The business had revenue of $6.14 million for the quarter. During the same period in the prior year, the firm earned ($0.12) earnings per share. On average, sell-side analysts anticipate that Kopin Co. will post -0.28 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FormulaFolio Investments LLC increased its position in shares of Kopin by 89.3% during the 3rd quarter. FormulaFolio Investments LLC now owns 41,827 shares of the company’s stock valued at $28,000 after purchasing an additional 19,736 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Kopin during the 2nd quarter valued at about $80,000. D. E. Shaw & Co. Inc. increased its position in shares of Kopin by 83.2% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 117,138 shares of the company’s stock valued at $128,000 after purchasing an additional 53,214 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Kopin during the 2nd quarter valued at about $232,000. Finally, Invesco Ltd. increased its position in shares of Kopin by 9.8% during the 2nd quarter. Invesco Ltd. now owns 252,222 shares of the company’s stock valued at $275,000 after purchasing an additional 22,522 shares during the last quarter. 28.34% of the stock is owned by hedge funds and other institutional investors.

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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