Market Recap Check: Kopin Corp (KOPN)’s Negative Finish at 1.01, Up/Down -6.48

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The price of Kopin Corp (NASDAQ: KOPN) closed at $1.01 in the last session, down -6.48% from day before closing price of $1.08. In other words, the price has decreased by -$6.48 from its previous closing price. On the day, 1.54 million shares were traded. KOPN stock price reached its highest trading level at $1.11 during the session, while it also had its lowest trading level at $0.9696.

Ratios:

We take a closer look at KOPN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.07.

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.

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 154822896 and an Enterprise Value of 68746840. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.62 while its Price-to-Book (P/B) ratio in mrq is 6.81. Its current Enterprise Value per Revenue stands at 1.655 whereas that against EBITDA is -3.088.

Stock Price History:

Over the past 52 weeks, KOPN has reached a high of $2.82, while it has fallen to a 52-week low of $0.56. The 50-Day Moving Average of the stock is 28.29%, while the 200-Day Moving Average is calculated to be -10.90%.

Shares Statistics:

According to the various share statistics, KOPN traded on average about 1.19M shares per day over the past 3-months and 1706930 shares per day over the past 10 days. A total of 158.80M shares are outstanding, with a floating share count of 149.26M. Insiders hold about 6.00% of the company’s shares, while institutions hold 26.67% stake in the company. Shares short for KOPN as of 1730332800 were 2195793 with a Short Ratio of 1.85, compared to 1727654400 on 2744281. Therefore, it implies a Short% of Shares Outstanding of 2195793 and a Short% of Float of 1.46.

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