Kopin Corp. (NASDAQ: KOPN) is 7.88% higher on its value in year-to-date trading and has touched a low of $0.94 and a high of $2.82 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 $2.32 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $2.19, the stock is -12.17% and -4.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.54 million and changing -5.60% at the moment leaves the stock 22.94% off its SMA200. KOPN registered 116.83% gain for a year compared to 6-month gain of 65.91%. The firm has a 50-day simple moving average (SMA 50) of $5.08 and a 200-day simple moving average (SMA200) of -$13.92.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -16.41% loss in the last 1 month and extending the period to 3 months gives it a 56.43%, and is -12.40% down 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 5.54% over the week and 6.53% over the month.
Kopin Corp. (KOPN) has around 177 employees, a market worth around $250.65M and $44.00M in sales. Profit margin for the company is -44.13%. Distance from 52-week low is 132.98% and -22.34% 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 $9.03M over the same period.The EPS is expected to grow by 59.26% this year, but quarterly earnings will post -14.50% year-over-year. Quarterly sales are estimated to shrink -25.90% in year-over-year returns.
113 institutions hold shares in Kopin Corp. (KOPN), with institutional investors hold 32.51% of the company’s shares. The shares outstanding are 114.45M, and float is at 106.30M with Short Float at 3.49%. Institutions hold 30.19% 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
The most recent transaction is an insider purchase by FAN JOHN C C, the company’s Director. SEC filings show that FAN JOHN C C bought 23,293 shares of the company’s common stock on May 17 ’23 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 ’23 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 ’23 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 ’23, 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).
