The stock of Kopin Corp (NASDAQ: KOPN) has increased by 0.42 when compared to last closing price of 1.18.Despite this, the company has seen a gain of 17.33% in its stock price over the last five trading days. businesswire.com reported 2024-11-20 that WESTBOROUGH, Mass.–(BUSINESS WIRE)–Kopin Corporation (NASDAQ: KOPN) a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, is pleased to announce that its subsidiaries, Forth Dimension Displays Limited and NVIS Inc., will be renamed under the Kopin brand. Forth Dimension Displays has been renamed as Kopin Europe Limited, and NVIS is now known as Kopin Virginia, Inc. This renami.
Is It Worth Investing in Kopin Corp (NASDAQ: KOPN) Right Now?
Company’s 36-month beta value is 2.71.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for KOPN is 149.26M, and currently, short sellers hold a 1.29% ratio of that floaft. The average trading volume of KOPN on December 02, 2024 was 1.24M shares.
KOPN’s Market Performance
The stock of Kopin Corp (KOPN) has seen a 17.33% increase in the past week, with a 51.92% rise in the past month, and a 37.42% gain in the past quarter. The volatility ratio for the week is 11.68%, and the volatility levels for the past 30 days are at 12.38% for KOPN. The simple moving average for the last 20 days is 29.85% for KOPN’s stock, with a simple moving average of 6.71% for the last 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 46.84% 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 -57.98% of loss for the given period.
Volatility was left at 12.38%, however, over the last 30 days, the volatility rate increased by 11.68%, as shares surge +56.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +101.24% upper at present.
During the last 5 trading sessions, KOPN rose by +22.28%, which changed the moving average for the period of 200-days by -54.60% in comparison to the 20-day moving average, which settled at $0.9151. In addition, Kopin Corp saw -41.63% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for KOPN
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.24 for the gross margin
The net margin for Kopin Corp stands at -0.32. The total capital return value is set at 0.0. Equity return is now at value -169.61, with -77.36 for asset returns.
Currently, EBITDA for the company is -16.57 million with net debt to EBITDA at 0.54. When we switch over and look at the enterprise to sales, we see a ratio of 0.02. The receivables turnover for the company is 0.61for trailing twelve months and the total asset turnover is 155.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
In a nutshell, Kopin Corp (KOPN) has experienced a mixed 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.
