eMagin (NYSEAMERICAN:EMAN) Share Price Crosses Above Two Hundred Day Moving Average of $0.00

eMagin Co. (NYSEAMERICAN:EMANGet Rating) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.67. eMagin shares last traded at $0.55, with a volume of 1,568,656 shares changing hands.

The stock has a market capitalization of $40.39 million, a PE ratio of -3.06 and a beta of 1.62. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.32 and a quick ratio of 1.47.

eMagin (NYSEAMERICAN:EMANGet Rating) last released its earnings results on Thursday, May 12th. The semiconductor company reported ($0.02) earnings per share for the quarter. eMagin had a negative return on equity of 17.94% and a negative net margin of 28.77%. The business had revenue of $7.36 million for the quarter. On average, equities analysts forecast that eMagin Co. will post -0.14 EPS for the current fiscal year.

In other eMagin news, major shareholder Stillwater Holdings Llc sold 30,100 shares of eMagin stock in a transaction dated Monday, March 21st. The stock was sold at an average price of $1.18, for a total value of $35,518.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 178,312 shares of company stock worth $201,045. Insiders own 8.94% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the stock. Barclays PLC acquired a new position in eMagin in the third quarter valued at approximately $27,000. Beacon Pointe Advisors LLC purchased a new stake in shares of eMagin during the third quarter worth approximately $34,000. Citadel Advisors LLC purchased a new stake in shares of eMagin during the third quarter worth approximately $34,000. Onyx Bridge Wealth Group LLC purchased a new stake in shares of eMagin during the fourth quarter worth approximately $30,000. Finally, Platform Technology Partners purchased a new stake in shares of eMagin during the fourth quarter worth approximately $34,000. 43.67% of the stock is owned by hedge funds and other institutional investors.

About eMagin (NYSEAMERICAN:EMAN)

eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL.

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