Kopin Corp (NASDAQ:KOPN) shares, rose in value on Wednesday, April 16, with the stock price up by 1.31% to the previous day’s close as strong demand from buyers drove the stock to $0.84.
Actively observing the price movement in the last trading, the stock closed the session at $0.83, falling within a range of $0.812 and $0.8593. The value of beta (5-year monthly) was 3.239. Referring to stock’s 52-week performance, its high was $2.17, and the low was $0.56. On the whole, KOPN has fluctuated by -38.49% over the past month.
With the market capitalization of Kopin Corp currently standing at about $133.82 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Nov-11.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 48M, with a low estimate of 11.31M and a high estimate of 12.83M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 12.41M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KOPN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of KOPN currently trading nearly -16.15% and -35.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.38, while the 7-day volatility ratio is showing 8.57% which for the 30-day chart, stands at 13.13%. Furthermore, Kopin Corp (KOPN)’s beta value is 3.22, and its average true range (ATR) is 0.13.
A comparison of Kopin Corp (KOPN) with its peers suggests the former has fared considerably weaker in the market. KOPN showed an intraday change of 1.31% in last session, and over the past year, it shrunk by -40.65%%.
Data on historical trading for Kopin Corp (NASDAQ:KOPN) indicates that the trading volumes over the past 10 days have averaged 2.35 and over the past 3 months, they’ve averaged 5.34 million. According to company’s latest data on outstanding shares, there are 153.18 million shares outstanding.
Nearly 6.38% of Kopin Corp’s shares belong to company insiders and institutional investors own 29.29% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.11 million shares as on 2025-03-31, resulting in a short ratio of 1.53. According to the data, the short interest in Kopin Corp (KOPN) stood at 283.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.36 million. The stock has fallen by -38.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KOPN stock heading into the next quarter.
