998,672 Shares in Research Frontiers Incorporated (NASDAQ:REFR) Purchased by Focus Partners Wealth

Focus Partners Wealth purchased a new position in Research Frontiers Incorporated (NASDAQ:REFR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 998,672 shares of the technology company's stock, valued at approximately $1,708,000. Focus Partners Wealth owned about 2.98% of Research Frontiers as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Renaissance Technologies LLC increased its holdings in shares of Research Frontiers by 34.2% in the 4th quarter. Renaissance Technologies LLC now owns 98,069 shares of the technology company's stock worth $168,000 after buying an additional 24,969 shares during the last quarter. 11.91% of the stock is owned by institutional investors.

Research Frontiers Price Performance

Shares of NASDAQ REFR traded up $0.13 during mid-day trading on Thursday, hitting $1.79. 21,299 shares of the company's stock traded hands, compared to its average volume of 32,104. Research Frontiers Incorporated has a 1 year low of $0.93 and a 1 year high of $2.41. The company's 50-day moving average is $1.20 and its two-hundred day moving average is $1.50. The company has a market capitalization of $59.83 million, a P/E ratio of -57.93 and a beta of -0.09.

Research Frontiers (NASDAQ:REFR - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $0.18 million for the quarter. Research Frontiers had a negative net margin of 80.60% and a negative return on equity of 38.15%.

Research Frontiers Company Profile

Research Frontiers Incorporated engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.