Research Frontiers (NASDAQ:REFR) Stock Price Passes Below 200 Day Moving Average – What’s Next?

by · The Cerbat Gem

Research Frontiers Incorporated (NASDAQ:REFR – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.62 and traded as low as $1.30. Research Frontiers shares last traded at $1.38, with a volume of 96,016 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Research Frontiers in a report on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

View Our Latest Research Report on Research Frontiers

Research Frontiers Trading Down 0.7%

The business has a 50-day moving average of $1.71 and a two-hundred day moving average of $1.62. The firm has a market cap of $46.44 million, a P/E ratio of -23.00 and a beta of 0.27.

Research Frontiers (NASDAQ:REFR – Get Free Report) last posted its earnings results on Thursday, November 6th. The technology company reported ($0.01) EPS for the quarter. The firm had revenue of $0.36 million during the quarter. Research Frontiers had a negative net margin of 153.95% and a negative return on equity of 90.72%.

Hedge Funds Weigh In On Research Frontiers

A hedge fund recently raised its stake in Research Frontiers stock. Raymond James Financial Inc. lifted its stake in shares of Research Frontiers Incorporated (NASDAQ:REFR – Free Report) by 151.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 11.91% of the company’s stock.

About Research Frontiers

(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.

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