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 Tuesday . The stock has a 200-day moving average of $1.46 and traded as high as $1.68. Research Frontiers shares last traded at $1.66, with a volume of 20,543 shares.

Research Frontiers Trading Up 0.6%

The company has a market cap of $60.34 million, a price-to-earnings ratio of -60.00 and a beta of 0.04. The firm's 50-day moving average price is $1.74 and its 200 day moving average price is $1.47.

Institutional Trading of Research Frontiers

Several hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of Research Frontiers during the 4th quarter worth $28,000. Renaissance Technologies LLC raised its stake in shares of 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 purchasing an additional 24,969 shares during the period. Finally, Focus Partners Wealth bought a new stake in shares of Research Frontiers during the 4th quarter worth $1,708,000. Institutional investors and hedge funds own 11.91% of the company's stock.

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.