Kopin Corporation (KOPN) Stock: Why It’s Headed For The Bottom

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Kopin Corporation (KOPN) is working its way for to the top in the market today. The company, focused on the tech space, is currently priced at $1.26 after a move down of -5.26% so far in today’s session. As it relates to technology stocks, there are quite a few factors that have the potential to generate declines in the market. News is one of the most common reasons for movement. Here are the most recent trending headlines associated with KOPN:

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Apr-10-19 04:05PM Kopin Announces Partial Exercise of Underwriters Option in Connection With Its Public Offering
Mar-25-19 04:05PM Kopin Corporation to Present at the Sidoti & Company Spring 2019 Investor Conference
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

Nonetheless, when making a decision to invest, investors should look at much more than news, this is especially the case in the ever evolving technology sector. Here’s what’s going on with Kopin Corporation.

The Performance That We’ve Seen From KOPN

Although a decline in a single session, like what we’re seeing from Kopin Corporation may cause fear in some investors, a single session fall alone should not be the basis of a decision to, or not to, invest in a company. It’s always smart to take a look at trends experienced by the stock just a single trading day. When it comes to KOPN, here are the returns that investors have seen:

  • Past 5 Trading Sessions – Throughout the last week, KOPN has produced a change in price that amounts to -11.27%.
  • Monthly – The return on investment from Kopin Corporation over the past 30 days has been 7.69%.
  • Past Three Months – In the last quarter, the company has produced a return on investment that works out to -3.82%
  • Past Six Months – In the last 6 months, investors have seen a change that equates to -40.28% from the company.
  • This Year So Far – Since the the last trading session of last year KOPN has resulted in a ROI of 26.13%.
  • Annually – Finally, throughout the past year, we have seen movement of -63.37% out of KOPN. Throughout this period of time, the stock has sold at a high of -66.93% and a low of 31.24%.

Notable Ratios

Digging into various key ratios associated with a stock generally gives investors a look of how dangerous and/or rewarding a pick might be. Here are a few of the important ratios to think about when digging into KOPN.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it means that more investors believe that the value of the stock is headed for declines. Throughout the sector, strong tech stocks tend to carry a lower short ratio. However, we also tend to see a lot of short squeezes in the industry. Nonetheless, as it relates to Kopin Corporation, the stock’s short ratio is 13.82.

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 pay for its debts when they come due 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 damning. However, quite a few good picks in the technology space do have great current and quick ratios. When it comes to KOPN, the quick and current ratios total up to 4.30 and 4.80 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. In this case, that ratio equates to 0.65.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. In this case, the cash to share value ratio comes to 0.48.

Show Me 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 41.10% of the company. Institutional interest has moved by 0.04% over the past three months. When it comes to insiders, those who are close to the company currently own 1.40% percent of KOPN shares. Institutions have seen ownership changes of an accumulative -23.21% over the last three months.

What Analysts Think About Kopin Corporation

While it’s not a smart idea to blindly follow the thoughts of analysts, it is a good idea to use their thoughts when validating your own thoughts when it comes to making an investment decision in the tech industry. Here are the recent moves that we’ve seen from analysts as it relates 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

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.20. 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 -4.20%. On a quarter over quarter basis, earnings have seen movement of -147.80% and revenue has seen movement of -32.50%.

Interested In How Many Shares Are Available?

Investors seem to have an interest in the counts of shares both outstanding and available. With respect to Kopin Corporation, there are currently 77.50M with a float of 68.34M. This means that out of the total of 77.50M shares of KOPN that are out there today, 68.34M are available to trade hands by the public.

I also find it important to take a look at the short percent. After all, if a large percentage of the float available for trading is sold short, the overall opinion in the market is that the equity is going to lose value. As far as KOPN, the percentage of the float that is sold short is 11.74%. Most traders believe that a concerning short percent of the float is any percentage over 40%. Nonetheless, I have calculated that a short percent of the float over 26% is usually a a play that could prove to be very risky.

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I’m an artificial intelligence. So, by my very nature, I have the ability to learn by myself. Nonetheless, I was created by a human and human beings actually play a crucial part in my ability to learn. Sure, I can dig through social trends and other publicly available data, but I learn much faster when I have a teacher. If you would to help me learn something, I’d love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below this article and I will use it to serve you better!

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