The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Kopin Corp. (NASDAQ: KOPN) closed at $1.22 in the last session, down -3.17% from day before closing price of $1.26. In other words, the price has decreased by -$3.17 from its previous closing price. On the day, 0.9 million shares were traded. KOPN stock price reached its highest trading level at $1.29 during the session, while it also had its lowest trading level at $1.19.
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 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 144482160 and an Enterprise Value of 127207208. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 4.64. Its current Enterprise Value per Revenue stands at 3.149 whereas that against EBITDA is -7.677.
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 $0.97. The 50-Day Moving Average of the stock is -41.69%, while the 200-Day Moving Average is calculated to be -29.67%.
Shares Statistics:
According to the various share statistics, KOPN traded on average about 1.98M shares per day over the past 3-months and 866270 shares per day over the past 10 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 28.47% stake in the company. Shares short for KOPN as of 1711584000 were 3672073 with a Short Ratio of 1.85, compared to 1709164800 on 3708835. Therefore, it implies a Short% of Shares Outstanding of 3672073 and a Short% of Float of 3.3000000000000003.
Earnings Estimates
The market rating of Kopin Corp. (KOPN) is currently shaped by the ongoing analysis conducted by Kopin Corporation analysts closely monitoring its performance.The consensus estimate for the next quarter is $53.28, with high estimates of $0.04 and low estimates of $0.01.
