Kopin Corp. (NASDAQ: KOPN) has seen a decline in its stock price by -6.57 in relation to its previous close of 1.37. However, the company has experienced a -18.47% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-15 that Kopin (NASDAQ: KOPN ) stock is falling on Friday following the release of the component company’s earnings report for the fourth quarter of 2023. The bad news for KOPN stockholders starts with its earnings per share of -4 cents.
Is It Worth Investing in Kopin Corp. (NASDAQ: KOPN) Right Now?
Company’s 36-month beta value is 2.45.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for KOPN is 110.36M, and currently, short sellers hold a 3.33% ratio of that floaft. The average trading volume of KOPN on April 18, 2024 was 1.98M shares.
KOPN’s Market Performance
KOPN’s stock has seen a -18.47% decrease for the week, with a -37.25% drop in the past month and a -36.00% fall in the past quarter. The volatility ratio for the week is 7.89%, and the volatility levels for the past 30 days are at 6.77% for Kopin Corp. The simple moving average for the past 20 days is -24.99% for KOPN’s stock, with a -26.58% simple moving average for the past 200 days.
Analysts’ Opinion of KOPN
Many brokerage firms have already submitted their reports for KOPN stocks, with Stifel repeating the rating for KOPN by listing it as a “Buy.” The predicted price for KOPN in the upcoming period, according to Stifel is $3 based on the research report published on June 02, 2023 of the previous year 2023.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see KOPN reach a price target of $6. The rating they have provided for KOPN stocks is “Buy” according to the report published on December 16th, 2021.
KOPN Trading at -39.93% from the 50-Day Moving Average
After a stumble in the market that brought KOPN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.61% of loss for the given period.
Volatility was left at 6.77%, however, over the last 30 days, the volatility rate increased by 7.89%, as shares sank -32.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.59% lower at present.
During the last 5 trading sessions, KOPN fell by -18.47%, which changed the moving average for the period of 200-days by -40.47% in comparison to the 20-day moving average, which settled at $1.6755. In addition, Kopin Corp. saw -36.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KOPN starting from FAN JOHN C C, who purchase 23,293 shares at the price of $1.35 back on May 17 ’23. After this action, FAN JOHN C C now owns 5,531,099 shares of Kopin Corp., valued at $31,446 using the latest closing price.
FAN JOHN C C, the Director of Kopin Corp., purchase 25,000 shares at $1.25 during a trade that took place back on May 16 ’23, which means that FAN JOHN C C is holding 5,507,806 shares at $31,250 based on the most recent closing price.
Stock Fundamentals for KOPN
Current profitability levels for the company are sitting at:
- -0.43 for the present operating margin
- 0.38 for the gross margin
The net margin for Kopin Corp. stands at -0.49. The total capital return value is set at -0.51. Equity return is now at value -73.59, with -42.44 for asset returns.
Based on Kopin Corp. (KOPN), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -6.14. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 37.24.
Currently, EBITDA for the company is -16.57 million with net debt to EBITDA at 0.22. When we switch over and look at the enterprise to sales, we see a ratio of 3.66. The receivables turnover for the company is 3.08for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.
Conclusion
In a nutshell, Kopin Corp. (KOPN) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
