The closing price of eMagin Corporation (AMEX: EMAN) was $0.87 for the day, up 2.16% from the previous closing price of $0.85. In other words, the price has increased by $+0.0184 from its previous closing price. On the day, 559476 shares were traded. EMAN stock price reached its highest trading level at $0.8838 during the session, while it also had its lowest trading level at $0.8500.
Our analysis of EMAN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 3.20. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.67.
Upgrades & Downgrades
On December 16, 2014, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $3.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 10 when STILLWATER HOLDINGS LLC sold 14,021 shares for $1.02 per share. The transaction valued at 14,301 led to the insider holds 2,990,326 shares of the business.
STILLWATER HOLDINGS LLC sold 10,400 shares of EMAN for $11,796 on Oct 26. The 10% Owner now owns 3,004,347 shares after completing the transaction at $1.13 per share. On Oct 21, another insider, STILLWATER HOLDINGS LLC, who serves as the 10% Owner of the company, sold 43,299 shares for $0.87 each. As a result, the insider received 37,653 and left with 3,014,747 shares of the company.
As of this moment, eMagin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.49 while its Price-to-Book (P/B) ratio in mrq is 3.22.
Stock Price History:
Over the past 52 weeks, EMAN has reached a high of $2.24, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is 0.7738, while the 200-Day Moving Average is calculated to be 0.8658.
EMAN traded an average of 249.75K shares per day over the past three months and 307.14k shares per day over the past ten days. A total of 78.22M shares are outstanding, with a floating share count of 77.20M. Insiders hold about 0.50% of the company’s shares, while institutions hold 13.30% stake in the company. Shares short for EMAN as of Oct 13, 2022 were 2.66M with a Short Ratio of 2.75M, compared to 2.3M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.47% and a Short% of Float of 3.66%.
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.13. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
A total of 1 analysts have provided revenue estimates for EMAN’s current fiscal year. The highest revenue estimate was $27.5M, while the lowest revenue estimate was $27.5M, resulting in an average revenue estimate of $27.5M. In the same quarter a year ago, actual revenue was $26.05M, up 5.60% from the average estimate.