Research Frontiers’ (REFR) Sell (E+) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of Research Frontiers (NASDAQ:REFR) in a report issued on Tuesday,Weiss Ratings reports.

Research Frontiers Stock Performance

REFR stock opened at $1.81 on Tuesday. The stock has a market cap of $60.91 million, a P/E ratio of -36.20 and a beta of 0.34. The firm has a 50 day simple moving average of $1.47 and a 200 day simple moving average of $1.50. Research Frontiers has a 52 week low of $0.93 and a 52 week high of $2.31.

Research Frontiers (NASDAQ:REFR) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported ($0.02) EPS for the quarter. The company had revenue of $0.13 million for the quarter. Research Frontiers had a negative return on equity of 72.81% and a negative net margin of 143.78%.

Hedge Funds Weigh In On Research Frontiers

An institutional investor recently raised its position in Research Frontiers stock. Raymond James Financial Inc. boosted its holdings in shares of Research Frontiers Incorporated (NASDAQ:REFR) by 151.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 41,337 shares of the technology company’s stock after acquiring an additional 24,902 shares during the quarter. Raymond James Financial Inc. owned approximately 0.12% of Research Frontiers worth $68,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 11.91% of the company’s stock.

Research Frontiers Company Profile

Research Frontiers Incorporated engages in the development and marketing of 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.