As of Friday close, Kopin Corporation’s (NASDAQ:KOPN) stock traded at $1.36. The average number of shares traded per day over the past five days has been 911,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2600 fall in that time frame. In the last twenty days, the average volume was 877,250, while in the previous 50 days, it was 1,068,964.
Since last month, KOPN stock retreated -32.00%. Shares of the company fell to $1.3200 on 08/18/23, the lowest level in the past month. A 52-week high of $2.50 was reached on 06/01/23 after having rallying from a 52-week low of $0.94. Since the beginning of this year, KOPN’s stock price has risen by 9.68% or $0.1200, and marked a new high 13 times. However, the stock has declined by -45.60% since its 52-week high.
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KOPN stock investors should be aware that Kopin Corporation (KOPN) stock had its last reported insider trading activity 94 days ago on May 17. FAN JOHN C C, the Director of the company, purchased of 23,293 shares for $1.35 on May 17. It resulted in a $31,446 investment by the insider. FAN JOHN C C added 25,000 shares at an average price of $1.25 on May 16. The insider now owns 5,507,806 shares following the transaction. On May 16, Director BREWINGTON JAMES K bought 5,000 shares at $1.35 apiece. The transaction was valued at $6,750.
Valuation Metrics
The stock’s beta is 2.45. Besides these, the trailing price-to-sales (P/S) ratio of 3.55, the price-to-book (PB) ratio of 3.32.
Financial Health
In the three months ended June 29, Kopin Corporation’s quick ratio stood at 3.40, while its current ratio was 4.00, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 32.60% percent. In the year ended June 29, EBITDA margin amounted to -44.45%, whereas operating margins totaled -46.80%. Based on annual data, KOPN earned $14.84 million in gross profit and brought in $47.4 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -90.60%. Return on equity (ROE) for the past 12 months was -58.10%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KOPN’s revenue fell -8.52% to $12.22 million during the quarter, while net income inched up to $10.68 million. While analysts expected Kopin Corporation to report -$0.02 quarterly earnings, the actual figure was -$0.06 per share. During the quarter, the company generated -$4.67 million in EBITDA. The liabilities of Kopin Corporation were 19.44 million at the end of its most recent quarter ended June 29, and its total debt was $2.98 million. The value of shareholders’ equity is $114.3 million.
Technical Picture
This quick technical analysis looks at Kopin Corporation’s (KOPN) price momentum. With a historical volatility rate of 65.13%, the RSI 9-day stood at 19.12% on 18 August.
With respect to its five-day moving average, the current Kopin Corporation price is down by -16.05% percent or -$0.2600. At present, KOPN shares trade -33.00% below its 20-day simple moving average and +40.93% percent above its 100-day simple moving average. However, the stock is currently trading approximately -33.00% below its SMA50 and +25.93% above its SMA200.
Stochastic coefficient K was 3.85% and Stochastic coefficient D was 11.05%, while ATR was 0.1259. Given the Stochastic reading of 6.15% for the 14-day period, the RSI (14) reading has been calculated as 26.50%. As of today, the MACD Oscillator reading stands at -0.2044, while the 14-day reading stands at -0.2981.
