Check out this: Kopin Corp. (KOPN) could be on the verge of a big rally

Kopin Corp. (NASDAQ: KOPN) is 31.03% higher on its value in year-to-date trading and has touched a low of $0.94 and a high of $2.56 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KOPN stock was last observed hovering at around $2.44 in the last trading session, with the day’s gains setting it 0.22%.

Currently trading at $2.66, the stock is 28.25% and 39.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.88 million and changing 9.02% at the moment leaves the stock 62.30% off its SMA200. KOPN registered 111.11% gain for a year compared to 6-month gain of 64.20%. The firm has a 50-day simple moving average (SMA 50) of $6.24 and a 200-day simple moving average (SMA200) of -$17.09.

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The stock witnessed a 17.70% loss in the last 1 month and extending the period to 3 months gives it a 118.03%, and is 15.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.86% over the week and 8.36% over the month.

Profit margin for the company is -44.13%. Distance from 52-week low is 182.98% and 4.11% from its 52-week high. The company has generated returns on investments over the last 12 months (-53.37%).

Kopin Corp. quarterly earnings per share for the current quarter are estimated at -$0.02 with sales reaching $9.35M over the same period.The EPS is expected to grow by 25.40% this year, but quarterly earnings will post -19.80% year-over-year. Quarterly sales are estimated to shrink -23.30% in year-over-year returns.

Kopin Corp. (KOPN) Top Institutional Holders

97 institutions hold shares in Kopin Corp. (KOPN), with institutional investors hold 30.19% of the company’s shares. The shares outstanding are 114.45M, and float is at 106.39M with Short Float at 1.93%. Institutions hold 28.23% of the Float.

The top institutional shareholder in the company is AWM Investment Company, Inc. with over 14.55 million shares valued at $31.28 million. The investor’s holdings represent 12.73% of the KOPN Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 5.0 million shares valued at $10.74 million to account for 4.37% of the shares outstanding. The other top investors are Archon Capital Management LLC which holds 4.36 million shares representing 3.81% and valued at over $9.37 million, while Shaw D.E. & Co., Inc. holds 1.70% of the shares totaling 1.94 million with a market value of $4.17 million.

Kopin Corp. (KOPN) Insider Activity

A total of 1 insider transactions have happened at Kopin Corp. (KOPN) in the last six months, with sales accounting for 0 and purchases happening 1 times. The most recent transaction is an insider purchase by FAN JOHN C C,the company’sDirector. SEC filings show that FAN JOHN C C bought 23,293 shares of the company’s common stock on May 17 at a price of $1.35 per share for a total of $31446.0. Following the purchase, the insider now owns 5.53 million shares.

Kopin Corp. disclosed in a document filed with the SEC on May 16 that FAN JOHN C C (Director) bought a total of 25,000 shares of the company’s common stock. The trade occurred on May 16 and was made at $1.25 per share for $31250.0. Following the transaction, the insider now directly holds 5.51 million shares of the KOPN stock.

Still, SEC filings show that on May 16, BREWINGTON JAMES K (Director) acquired 5,000 shares at an average price of $1.35 for $6750.0. The insider now directly holds 115,000 shares of Kopin Corp. (KOPN).

Kopin Corp. (KOPN): Who are the competitors?

The company’s main competitors (and peers) include Himax Technologies Inc. ADR (HIMX) that is trading -29.04% down over the past 12 months. Skyworks Solutions Inc. (SWKS) that is -12.15% lower over the same period.