Research Frontiers Incorporated (
NASDAQ:REFR -
Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.47 and traded as high as $1.71. Research Frontiers shares last traded at $1.58, with a volume of 94,884 shares trading hands.
Research Frontiers Stock Performance
The firm has a 50 day moving average price of $1.75 and a 200-day moving average price of $1.47. The company has a market cap of $52.96 million, a P/E ratio of -52.67 and a beta of 0.04.
Institutional Trading of Research Frontiers
Several hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in Research Frontiers during the fourth quarter valued at about $28,000. Renaissance Technologies LLC lifted its position 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 acquiring an additional 24,969 shares during the period. Finally, Focus Partners Wealth acquired a new stake in shares of Research Frontiers during the 4th quarter worth approximately $1,708,000. Institutional investors own 11.91% of the company's stock.
About Research Frontiers
(
Get Free Report)
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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