Kopin Corp. (NASDAQ:KOPN) traded at $0.78 at close of the session on Friday, April 26, made a downward move of -3.62% on its previous day’s price.
Looking at the stock we see that its previous close was $0.81 . In terms of its 52-week price range, KOPN has a high of $2.82 and a low of $0.67. The company’s stock has lost about -57.63% over that past 30 days.
Kopin Corp. has a market cap of $92.83 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.05, with the EPS growth for the year raised at -$0.1 for 2024 and $0.01 for next year. These figures represent 44.40% and 110.00% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $9.01 million, with a low of $8.5 million and a high of $9.42 million. The median projection represents growth adding up to -16.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $45.49 million, or 12.60% up from figures reported last year.
On the other hand, looking at the outlook for the KOPN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.
Looking further, we note the current price level is -44.93% off its SMA20 and -59.93% from its 50-day simple moving average. The RSI (14) is pointing at 16.07 while the volatility over the past week is 22.79% and jumps to 10.37% over the past one month. The beta value is 2.54, while the average true range (ATR) is currently pointing at 0.14.
Coming back to Kopin Corp. (NASDAQ:KOPN), we note that the average 3-month trading volume was 2.35 million. Current shares outstanding are 112.25 million.
The insiders hold 6.82% of the company’s shares while institutions hold 28.28%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -61.39% down in year-to-date price movement.
