Research Frontiers (NASDAQ:REFR) Stock Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Research Frontiers' stock has surpassed its 200-day moving average, trading at $1.54, despite currently being down 1.3% during the session with a volume of 24,762 shares.
• The company's quarterly earnings report revealed a loss of ($0.02) per share and a negative net margin of 143.78%, with revenues of $0.13 million.
• Institutional investor Raymond James Financial significantly increased its holdings in Research Frontiers by 151.5% during the second quarter, now owning 0.12% of the company valued at approximately $68,000.

Research Frontiers Incorporated (NASDAQ:REFR - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.46 and traded as high as $1.66. Research Frontiers shares last traded at $1.54, with a volume of 24,762 shares trading hands.

Research Frontiers Stock Down 1.3%

The firm has a market capitalization of $51.82 million, a price-to-earnings ratio of -30.80 and a beta of 0.23. The company's 50 day moving average is $1.48 and its 200 day moving average is $1.46.

Research Frontiers (NASDAQ:REFR - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. Research Frontiers had a negative net margin of 143.78% and a negative return on equity of 72.81%. The business had revenue of $0.13 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Research Frontiers stock. Raymond James Financial Inc. raised its holdings in Research Frontiers Incorporated (NASDAQ:REFR - Free Report) by 151.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,337 shares of the technology company's stock after purchasing an additional 24,902 shares during the quarter. Raymond James Financial Inc. owned 0.12% of Research Frontiers worth $68,000 as of its most recent SEC filing. Hedge funds and other institutional investors 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.

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