Research Frontiers (NASDAQ:REFR) Stock Passes Below 200 Day Moving Average of $1.64

Research Frontiers Incorporated (NASDAQ:REFR) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.64 and traded as low as $1.44. Research Frontiers shares last traded at $1.45, with a volume of 15,043 shares trading hands.

Research Frontiers Trading Up 1.8 %

The firm has a market cap of $48.59 million, a P/E ratio of -24.17 and a beta of 0.50. The company’s 50-day moving average is $1.60 and its two-hundred day moving average is $1.64.

Research Frontiers (NASDAQ:REFR) last announced its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.01) earnings per share for the quarter. The business had revenue of $0.19 million during the quarter. Research Frontiers had a negative net margin of 316.41% and a negative return on equity of 46.71%.

Institutional Investors Weigh In On Research Frontiers

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in Research Frontiers by 2.1% in the 2nd quarter. BlackRock Inc. now owns 639,481 shares of the technology company’s stock valued at $1,023,000 after buying an additional 13,156 shares during the last quarter. Geode Capital Management LLC increased its stake in Research Frontiers by 12.5% in the 2nd quarter. Geode Capital Management LLC now owns 214,675 shares of the technology company’s stock valued at $343,000 after buying an additional 23,852 shares during the last quarter. Money Concepts Capital Corp purchased a new stake in shares of Research Frontiers during the 4th quarter worth approximately $124,000. Goldman Sachs Group Inc. purchased a new stake in shares of Research Frontiers during the 2nd quarter worth approximately $82,000. Finally, Benedetti & Gucer Inc. increased its stake in shares of Research Frontiers by 50.7% during the 2nd quarter. Benedetti & Gucer Inc. now owns 46,965 shares of the technology company’s stock worth $75,000 after purchasing an additional 15,797 shares during the last quarter. Hedge funds and other institutional investors own 7.30% 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. It 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.