Kopin Corporation (NASDAQ:KOPN - Get Free Report) has received an average rating of "Moderate Buy" from the seven brokerages that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $7.20.
Several brokerages have recently issued reports on KOPN. Weiss Ratings raised shares of Kopin from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, August 12th. Craig Hallum reiterated a "buy" rating and issued a $10.00 target price on shares of Kopin in a report on Tuesday, May 12th. Zacks Research downgraded Kopin from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 26th. Canaccord Genuity Group upped their price target on Kopin from $6.25 to $6.50 and gave the stock a "buy" rating in a research note on Friday, August 14th. Finally, Stifel Nicolaus upped their price target on Kopin from $5.50 to $6.50 and gave the stock a "buy" rating in a research note on Wednesday, May 13th.
Check Out Our Latest Research Report on KOPN
Kopin Stock Performance
Kopin stock opened at $4.28 on Monday. Kopin has a 1 year low of $1.81 and a 1 year high of $6.61. The firm has a 50 day moving average price of $4.23 and a 200 day moving average price of $3.83. The company has a market cap of $795.54 million, a price-to-earnings ratio of 107.03 and a beta of 3.57.
Institutional Investors Weigh In On Kopin
Several institutional investors have recently bought and sold shares of KOPN. Meeder Asset Management Inc. acquired a new position in shares of Kopin during the 2nd quarter valued at $33,000. Quantbot Technologies LP acquired a new stake in Kopin in the 2nd quarter valued at $39,000. Allworth Financial LP acquired a new stake in Kopin in the 2nd quarter valued at $41,000. Emergent Wealth Advisors LLC purchased a new position in Kopin in the second quarter valued at about $48,000. Finally, EWA LLC purchased a new position in Kopin in the fourth quarter valued at about $25,000. 30.96% of the stock is currently owned by hedge funds and other institutional investors.
Kopin Company Profile
(
Get Free Report)
Kopin Corporation NASDAQ: KOPN is a technology company specializing in the development and manufacture of high-resolution microdisplays and optical components for wearable electronics. Headquartered in Westborough, Massachusetts, Kopin designs both liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays, as well as complete display engines and optical modules tailored for use in augmented reality (AR), virtual reality (VR), industrial, medical, and defense applications.
Further Reading
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