Kopin Corporation (NASDAQ:KOPN) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Kopin Corporation (NASDAQ:KOPN) have been given an average rating of “Moderate Buy” by the five brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $4.6875.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Kopin in a report on Thursday, January 22nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of KOPN. EWA LLC purchased a new stake in shares of Kopin during the fourth quarter worth approximately $25,000. Prudential Financial Inc. purchased a new position in Kopin in the 2nd quarter valued at $25,000. Legal & General Group Plc purchased a new position in Kopin in the 2nd quarter valued at $25,000. Cibc World Markets Corp acquired a new position in Kopin in the 4th quarter valued at $28,000. Finally, Bravias Capital Group LLC purchased a new position in Kopin during the 3rd quarter worth $32,000. 30.96% of the stock is currently owned by hedge funds and other institutional investors.

Kopin Stock Performance

Shares of Kopin stock opened at $2.08 on Monday. The company has a market capitalization of $379.62 million, a P/E ratio of -52.00 and a beta of 2.87. Kopin has a 1 year low of $0.71 and a 1 year high of $4.16. The company’s fifty day moving average is $2.52 and its two-hundred day moving average is $2.65.

Kopin Company Profile

Kopin Corporation (NASDAQ: KOPN) is a technology company specializing in the development and manufacture of high-resolution microdisplays and optical components for wearable electronics. Headquartered in Westborough, Massachusetts, Kopin designs both liquid crystal on silicon (LCOS) and organic light-emitting diode (OLED) microdisplays, as well as complete display engines and optical modules tailored for use in augmented reality (AR), virtual reality (VR), industrial, medical, and defense applications.