Market Insight: Kopin Corp. (KOPN)’s Notable Gain, Closing at 0.76

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

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

In the latest session, Kopin Corp. (NASDAQ: KOPN) closed at $0.76 up 0.04% from its previous closing price of $0.76. In other words, the price has increased by $0.04 from its previous closing price. On the day, 0.95 million shares were traded. KOPN stock price reached its highest trading level at $0.7997 during the session, while it also had its lowest trading level at $0.7521.

Ratios:

For a deeper understanding of Kopin Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.51. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on June 02, 2023, initiated with a Buy rating and assigned the stock a target price of $3.

On December 16, 2021, H.C. Wainwright Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $6.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 17 ’23 when FAN JOHN C C bought 23,293 shares for $1.35 per share. The transaction valued at 31,446 led to the insider holds 5,531,099 shares of the business.

FAN JOHN C C bought 25,000 shares of KOPN for $31,250 on May 16 ’23. The Director now owns 5,507,806 shares after completing the transaction at $1.25 per share. On May 16 ’23, another insider, BREWINGTON JAMES K, who serves as the Director of the company, bought 5,000 shares for $1.35 each. As a result, the insider paid 6,750 and bolstered with 115,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KOPN now has a Market Capitalization of 90289504 and an Enterprise Value of 73898528. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.24 while its Price-to-Book (P/B) ratio in mrq is 2.90. Its current Enterprise Value per Revenue stands at 1.829 whereas that against EBITDA is -4.46.

Stock Price History:

The Beta on a monthly basis for KOPN is 2.56, which has changed by -0.41085273 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, KOPN has reached a high of $2.82, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -51.82%, while the 200-Day Moving Average is calculated to be -53.58%.

Shares Statistics:

For the past three months, KOPN has traded an average of 1.88M shares per day and 1621050 over the past ten days. A total of 112.25M shares are outstanding, with a floating share count of 110.36M. Insiders hold about 6.82% of the company’s shares, while institutions hold 29.21% stake in the company. Shares short for KOPN as of 1714435200 were 2408339 with a Short Ratio of 1.28, compared to 1711584000 on 3672073. Therefore, it implies a Short% of Shares Outstanding of 2408339 and a Short% of Float of 2.18.

Most Popular