Research Frontiers Incorporated (NASDAQ:REFR – Get Rating) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.88 and traded as high as $2.45. Research Frontiers shares last traded at $2.42, with a volume of 11,755 shares changing hands.
Research Frontiers Price Performance
The business’s fifty day moving average price is $1.83 and its 200-day moving average price is $1.88. The stock has a market capitalization of $76.59 million, a PE ratio of -24.20 and a beta of 0.51.
Research Frontiers (NASDAQ:REFR – Get Rating) last posted its earnings results on Thursday, August 4th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. Research Frontiers had a negative return on equity of 93.87% and a negative net margin of 211.02%. The firm had revenue of $0.09 million during the quarter.
Institutional Investors Weigh In On Research Frontiers
Large investors have recently added to or reduced their stakes in the business. Point72 Asset Management L.P. bought a new position in Research Frontiers in the 4th quarter worth about $42,000. Atria Wealth Solutions Inc. bought a new position in shares of Research Frontiers in the first quarter worth approximately $63,000. Finally, Kingsview Wealth Management LLC purchased a new stake in Research Frontiers in the second quarter valued at approximately $63,000. Institutional investors own 9.58% of the company’s stock.
Research Frontiers Company Profile
Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.
Featured Articles
Receive News & Ratings for Research Frontiers Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Research Frontiers and related companies with MarketBeat.com’s FREE daily email newsletter.
Read More: Research Frontiers (NASDAQ:REFR) Stock Price Passes Above Two Hundred Day Moving Average