Research Frontiers (NASDAQ:REFR) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Research Frontiers Incorporated (NASDAQ:REFR) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.37 and traded as low as $0.9102. Research Frontiers shares last traded at $0.9126, with a volume of 39,990 shares.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Research Frontiers in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Research Frontiers presently has an average rating of “Sell”.

Research Frontiers Price Performance

The firm has a market cap of $31.71 million, a price-to-earnings ratio of -15.21 and a beta of 0.54. The business’s 50-day moving average price is $0.98 and its two-hundred day moving average price is $1.37.

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

Hedge Funds Weigh In On Research Frontiers

A number of hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC acquired a new position in Research Frontiers in the fourth quarter worth $27,000. XTX Topco Ltd bought a new stake in Research Frontiers in the fourth quarter valued at $28,000. Finally, Raymond James Financial Inc. lifted its stake in Research Frontiers by 151.5% in the second quarter. Raymond James Financial Inc. now owns 41,337 shares of the technology company’s stock valued at $68,000 after buying an additional 24,902 shares during the last quarter. Institutional investors and hedge funds own 11.91% of the company’s stock.

Research Frontiers Company Profile

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.