Research Frontiers (NASDAQ:REFR) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Research Frontiers Incorporated (NASDAQ:REFR)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.41 and traded as low as $0.8750. Research Frontiers shares last traded at $0.91, with a volume of 6,365 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Research Frontiers in a report on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, Research Frontiers has a consensus rating of “Sell”.

Research Frontiers Stock Performance

The stock has a market capitalization of $31.62 million, a P/E ratio of -15.17 and a beta of 0.43. The stock has a 50-day moving average price of $1.05 and a two-hundred day moving average price of $1.41.

Research Frontiers (NASDAQ:REFR) last posted its earnings results on Thursday, March 5th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $0.07 million for the quarter. Research Frontiers had a negative net margin of 182.60% and a negative return on equity of 122.96%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in REFR. Virtu Financial LLC purchased a new position in shares of Research Frontiers during the fourth quarter valued at about $27,000. XTX Topco Ltd purchased a new stake in Research Frontiers in the fourth quarter worth about $28,000. Finally, Raymond James Financial Inc. boosted its position in Research Frontiers by 151.5% during the 2nd quarter. Raymond James Financial Inc. now owns 41,337 shares of the technology company’s stock valued at $68,000 after acquiring an additional 24,902 shares in the last quarter. 11.91% of the stock is currently owned by institutional investors.

About Research Frontiers

Research Frontiers Inc (NASDAQ:REFR) is a materials science company specializing in the development and licensing of its proprietary SPD-Smart™ light control film. This patented Suspended Particle Device technology enables electronic tinting of glass to provide variable light transmission, glare reduction and solar heat management. SPD-Smart films are designed for integration into architectural windows, automotive sunroofs and skylights, as well as aerospace and specialty applications.

The company’s core business model revolves around licensing its SPD technology and supplying the functional film to manufacturing partners.