eMagin (NYSEAMERICAN:EMAN) Stock Price Crosses Above 200-Day Moving Average of $0.00

Shares of eMagin Co. (NYSEAMERICAN:EMANGet Rating) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $1.08. eMagin shares last traded at $0.94, with a volume of 371,260 shares trading hands.

eMagin Stock Down 2.4 %

The company has a market capitalization of $72.08 million, a price-to-earnings ratio of -5.22 and a beta of 1.62. The company has a current ratio of 2.32, a quick ratio of 1.47 and a debt-to-equity ratio of 0.64.

eMagin (NYSEAMERICAN:EMANGet Rating) last announced its earnings results on Thursday, August 11th. The semiconductor company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $7.16 million for the quarter. eMagin had a negative net margin of 28.77% and a negative return on equity of 17.94%. As a group, analysts anticipate that eMagin Co. will post -0.14 EPS for the current year.

Insider Activity at eMagin

In other eMagin news, major shareholder Stillwater Holdings Llc sold 32,280 shares of eMagin stock in a transaction that occurred on Thursday, October 20th. The stock was sold at an average price of $0.80, for a total transaction of $25,824.00. Following the transaction, the insider now owns 3,058,046 shares of the company’s stock, valued at $2,446,436.80. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders sold 56,701 shares of company stock worth $51,877 in the last three months. 8.94% of the stock is owned by company insiders.

Institutional Trading of eMagin

Institutional investors and hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC increased its stake in eMagin by 536.6% during the third quarter. Virtu Financial LLC now owns 91,041 shares of the semiconductor company’s stock worth $54,000 after acquiring an additional 76,739 shares during the last quarter. Jane Street Group LLC purchased a new position in eMagin in the second quarter valued at about $97,000. Goldman Sachs Group Inc. boosted its holdings in eMagin by 15,868.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,921,349 shares of the semiconductor company’s stock valued at $2,190,000 after purchasing an additional 1,909,317 shares during the last quarter. State Street Corp lifted its holdings in eMagin by 6.8% during the 1st quarter. State Street Corp now owns 908,097 shares of the semiconductor company’s stock worth $1,035,000 after buying an additional 57,460 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in eMagin during the 1st quarter worth approximately $154,000. 43.67% of the stock is currently owned by hedge funds and other institutional investors.

About eMagin

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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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