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

by · The Cerbat Gem

Research Frontiers Incorporated (NASDAQ:REFR – Get Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.19 and traded as low as $0.7303. Research Frontiers shares last traded at $0.7601, with a volume of 26,761 shares changing hands.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on Research Frontiers

Research Frontiers Stock Performance

The business’s 50 day moving average is $0.89 and its two-hundred day moving average is $1.19. The firm has a market capitalization of $26.50 million, a PE ratio of -10.86 and a beta of 0.54.

Research Frontiers (NASDAQ:REFR – Get Free Report) last posted its earnings results on Thursday, May 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. Research Frontiers had a negative return on equity of 159.20% and a negative net margin of 343.47%.The company had revenue of $0.14 million for the quarter.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. grew its holdings 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 buying an additional 24,902 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Research Frontiers in the fourth quarter worth about $28,000. Finally, Virtu Financial LLC purchased a new stake in shares of Research Frontiers in the fourth quarter worth about $27,000. Institutional investors own 11.91% of the company’s stock.

Research Frontiers Company Profile

(Get Free Report)

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.

Featured Articles