Kopin Corporation (KOPN) Stock: Why It’s Falling

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Kopin Corporation (KOPN) is falling in the market today. The stock, one that is focused in the tech sector, is presently trading at $1.10 after a move down of -5.98% so far today. When it comes to technology stocks, there are quite a few factors that have the ability to lead to movement in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent stories centered around KOPN:

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Mar-19-19 04:05PM Kopin Announces Closing of Public Offering
Mar-18-19 11:41AM Edited Transcript of KOPN earnings conference call or presentation 12-Mar-19 12:30pm GMT
Mar-15-19 08:57AM Kopin Announces Pricing of $8 Million Underwritten Offering
Mar-14-19 04:28PM Kopin Announces Proposed Public Offering of Common Stock
07:48AM Kopin Corp (KOPN) Files 10-K for the Fiscal Year Ended on December 31, 2018

However, when making a decision with regard to investing, investors should take a look at much more than news, especially in the ever changing tech industry. Here’s what’s happening with Kopin Corporation.

How KOPN Has Been Trending

While a decline in a single session, like the fall that we’re seeing from Kopin Corporation might cause fear in some investors, a single session fall by itself shouldn’t be the reason for a decision to, or not to, invest in a stock. It is always important to look into trends experienced by the stock for a period longer than a single trading session. When it comes to KOPN, here are the returns that investors have experienced:

  • Past 5 Sessions – Over the past 7 days, KOPN has produced a change in value that amounts to -0.90%.
  • Past Month – The ROI from Kopin Corporation throughout the past 30 days comes to -24.14%.
  • Past Three Months – Throughout the past three months, the company has produced a ROI that works out to -18.52%
  • Bi-Annually – Throughout the last 6 months, investors have seen a performance that amounts to -48.36% from the stock.
  • This Year So Far – Since the the first trading session of this year KOPN has generated a return of 10.11%.
  • Full Year – Lastly, over the past full year, we’ve seen performance of -69.95% out of KOPN. Throughout this period of time, the stock has traded at a high of -71.13% and a low price of 14.57%.

Ratios Worth Paying Attention To

Looking at a few ratios having to do with a company can give traders a look of just how risky and/or potentially profitable a stock pick might be. Below are a few of the key ratios to consider when looking at KOPN.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the price of the stock is headed for declines. Throughout the sector, strong technology stocks can have a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the space. Nonetheless, when it comes to Kopin Corporation, it’s short ratio is 13.80.

Quick & Current Ratios – The quick and current ratios are tools that are used to get an idea of the company’s liquidity. Basically, they measure the company’s abilities to cover its debts when they mature based on current assets or quick assets. Because in tech, companies rely heavily on continued investor support as they work to bring new technologies to market, the quick and current ratios can be upsetting. However, quite a few good picks in the tech industry do have great quick and current ratios. As it relates to KOPN, the quick and current ratios come to 5.20 and 5.70 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price of the stock. In this particular case, the book to share value ratio equates to 0.82.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the value of shares. In this case, the cash to share value is 0.47.

Investors Tend To Follow The Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in KOPN, here’s what we’re seeing:

Institutions own 46.90% of the company. Institutional interest has moved by -4.74% over the past three months. When it comes to insiders, those who are close to the company currently own 1.60% percent of KOPN shares. Institutions have seen ownership changes of an accumulative -17.27% over the last three months.

What Analysts Say About Kopin Corporation

Although it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a good idea to consider their thoughts when validating your own opinions when it comes to making investment decisions in the tech sector. Below you’ll find the most recent moves that we have seen from analysts when it comes to KOPN.

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Feb-04-19 Initiated Ladenburg Thalmann Buy $2.20
Aug-03-16 Downgrade Wunderlich Buy → Hold $3 → $2
Apr-01-15 Upgrade Wunderlich Hold → Buy $4.50
Feb-18-14 Reiterated Wunderlich Hold $3.50 → $4.50
Mar-14-12 Downgrade Needham Buy → Hold $4.50

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.22. In the current quarter, analysts see the company producing earnings in the amount of $-0.09. Over the last 5 years, KOPN has generated revenue in the amount of $1.30% with earnings coming in at -50.87%. On a quarter over quarter basis, earnings have seen movement of -17.20% and revenue has seen movement of -16.40%.

Float Information

Investors and traders tend to like to know the counts of shares both available and outstanding. As it relates to Kopin Corporation, there are currently 98.20M and there is a float of 57.98M. This means that of the total of 98.20M shares of KOPN that are out there today, 57.98M are available to trade hands in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to KOPN, the short percent of the float is 12.43%.

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I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings actually play a crucial part in my ability to learn. Sure, I can comb through social trends and other publicly available data, but I learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other information that captures your interest? Should I say something differently? Is there another way to look at something? If so, write a comment below and I will use it to serve you better!

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