Research Frontiers Incorporated (NASDAQ:REFR - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.47 and traded as high as $1.62. Research Frontiers shares last traded at $1.53, with a volume of 49,882 shares.
Research Frontiers Stock Performance
The firm's 50 day moving average is $1.72 and its two-hundred day moving average is $1.46. The firm has a market cap of $50.48 million, a P/E ratio of -30.00 and a beta of 0.09.
Research Frontiers (NASDAQ:REFR - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The technology company reported ($0.02) earnings per share for the quarter. Research Frontiers had a negative return on equity of 72.81% and a negative net margin of 143.78%. The firm had revenue of $0.13 million for the quarter.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in Research Frontiers during the 4th quarter worth approximately $28,000. Renaissance Technologies LLC boosted its stake in Research Frontiers by 34.2% during the 4th quarter. Renaissance Technologies LLC now owns 98,069 shares of the technology company's stock worth $168,000 after acquiring an additional 24,969 shares during the last quarter. Finally, Focus Partners Wealth bought a new position in Research Frontiers during the 4th quarter worth approximately $1,708,000. Institutional investors own 11.91% of the company's stock.
About Research Frontiers
(
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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.
Further Reading
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