Research Frontiers (NASDAQ:REFR) Shares Pass Above 200 Day Moving Average - Should You Sell?

Research Frontiers Incorporated (NASDAQ:REFR - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.47 and traded as high as $1.78. Research Frontiers shares last traded at $1.65, with a volume of 24,869 shares.

Research Frontiers Price Performance

The business's 50 day simple moving average is $1.59 and its 200 day simple moving average is $1.47. The stock has a market cap of $55.31 million, a P/E ratio of -55.00 and a beta of 0.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in REFR. Focus Partners Wealth bought a new stake in shares of Research Frontiers in the 4th quarter worth about $1,708,000. Raymond James Financial Inc. acquired a new position in Research Frontiers in the fourth quarter valued at about $28,000. Finally, Renaissance Technologies LLC boosted its position in Research Frontiers by 34.2% in the fourth quarter. Renaissance Technologies LLC now owns 98,069 shares of the technology company's stock valued at $168,000 after buying an additional 24,969 shares in the last quarter. 11.91% of the stock is owned by institutional investors.

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.