The 36-month beta value for REFR is also noteworthy at 0.20. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for REFR is 27.57M, and at present, short sellers hold a 1.39% of that float. The average trading volume of REFR on May 10, 2024 was 43.43K shares.
REFR) stock’s latest price update
The stock of Research Frontiers Inc. (NASDAQ: REFR) has increased by 13.64 when compared to last closing price of 1.76.Despite this, the company has seen a gain of 25.79% in its stock price over the last five trading days. GlobeNewsWire reported 2024-05-06 that WOODBURY, NY, May 06, 2024 (GLOBE NEWSWIRE) — Research Frontiers Inc. (Nasdaq: REFR) announced today that it will release its first quarter 2024 financial results on Thursday, May 9, 2024. Research Frontiers will host a conference call at 5:30 p.m. Eastern Time on Thursday, May 9, 2024 to discuss its first quarter 2024 financial and operating results, as well as recent developments.
REFR’s Market Performance
Research Frontiers Inc. (REFR) has experienced a 25.79% rise in stock performance for the past week, with a 55.04% rise in the past month, and a 94.17% rise in the past quarter. The volatility ratio for the week is 5.83%, and the volatility levels for the past 30 days are at 7.12% for REFR. The simple moving average for the past 20 days is 28.02% for REFR’s stock, with a 63.55% simple moving average for the past 200 days.
REFR Trading at 46.68% from the 50-Day Moving Average
After a stumble in the market that brought REFR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 8.11% of gains for the given period.
Volatility was left at 7.12%, however, over the last 30 days, the volatility rate increased by 5.83%, as shares surge +47.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +100.00% upper at present.
During the last 5 trading sessions, REFR rose by +25.79%, which changed the moving average for the period of 200-days by +24.22% in comparison to the 20-day moving average, which settled at $1.5900. In addition, Research Frontiers Inc. saw 98.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at REFR starting from Daigle Darryl, who purchase 1,000 shares at the price of $1.00 back on Feb 07 ’24. After this action, Daigle Darryl now owns 4,269 shares of Research Frontiers Inc., valued at $1,000 using the latest closing price.
Daigle Darryl, the Director of Research Frontiers Inc., purchase 7,750 shares at $0.97 during a trade that took place back on Dec 11 ’23, which means that Daigle Darryl is holding 217,192 shares at $7,518 based on the most recent closing price.
Stock Fundamentals for REFR
Current profitability levels for the company are sitting at:
- -2.24 for the present operating margin
- -0.73 for the gross margin
The net margin for Research Frontiers Inc. stands at -2.04. The total capital return value is set at -0.57. Equity return is now at value -45.90, with -41.41 for asset returns.
Based on Research Frontiers Inc. (REFR), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -8.57. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 77.58.
Currently, EBITDA for the company is -1.86 million with net debt to EBITDA at 1.13. When we switch over and look at the enterprise to sales, we see a ratio of 71.27. The receivables turnover for the company is 0.91for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.89.
Conclusion
In summary, Research Frontiers Inc. (REFR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
