Kopin Corporation (KOPN) Stock: Seeing Gains In Today’s Session

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Kopin Corporation (KOPN) is trending up in the market in today’s trading session. The stock, one that is focused in the tech space, is currently priced at $0.52 after a move up of 5.40% so far today. As it relates to tech stocks, there are quite a few aspects that have the ability to cause movement in the market. One of the most common is news. Here are the most recent stories surrounding KOPN:

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Nov-07-19 07:30AM Kopin Provides Business Update and Third Quarter 2019 Operating Results
Oct-29-19 04:05PM Kopin Corporation to Announce Third Quarter 2019 Business Update and Financial Results on Thursday, November 7, 2019
Oct-22-19 10:28AM Is Kopin Corporation’s (NASDAQ:KOPN) CEO Salary Justified?
Oct-07-19 07:40AM Kopin Reaches Agreement to Sell, License Certain Assets of SolosTM Products and WhisperTM Audio Technology
Oct-04-19 05:32AM Kopin Sees Hammer Chart Pattern: Time to Buy?

However, when making a decision with regard to investing, investors should look into much more than news, especially in the ever evolving technology space. Here’s what’s happening with Kopin Corporation.

Recent Movement From KOPN

Although a move up on a single session, like the move that we’re seeing from Kopin Corporation may cause excitement in some investors, that by itself shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s generally important to look into trends experienced by the stock beyond a single trading session. When it comes to KOPN, below are the movements that investors have experienced:

  • Past 5 Sessions – In the last seven days, KOPN has generated a change in price in the amount of -7.29%.
  • Monthly – The performance from Kopin Corporation throughout the last month works out to -9.02%.
  • Quarterly – Throughout the past quarter, the stock has produced a return of -50.93%
  • Past 6 Months – In the previous six months, we have seen a performance that equates to -54.00% from the stock.
  • YTD – Since the the first trading session of this year KOPN has resulted in a return on investment of -48.43%.
  • Full Year – Finally, throughout the past year, investors have seen performance amounting to -77.89% out of KOPN. Over this period, the stock has sold at a high of -74.87% and a low of 12.00%.

Key Ratios

Looking at various ratios associated with a company can provide investors a view of how risky and/or potentially profitable a an investment option might be. Below are a few of the most important ratios to consider when digging into KOPN.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the level of short interest. The higher this ratio, the more investors have a belief that the stock is headed for declines. Throughout the sector, strong tech stocks tend to have a lower short ratio. On the other hand, we also tend to see quite a few short squeezes in the industry. Nonetheless, in regard to Kopin Corporation, it’s short ratio is 6.11.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay its debts when they come due with only current assets or quick assets. In the technology space, several companies are heavily reliant on continued investor support as they work to bring new technologies to market, the quick and current ratios can seem damning. However, quite a few good picks in the technology industry do have good quick and current ratios. As it relates to KOPN, the quick and current ratios come to 3.00 and 3.30 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. when it comes to Kopin Corporation, that ratio is 0.51.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value ratio works out to 0.37.

Show Me The Big Money

An interesting fact I’ve learned so far in my short time on Earth has been that smart investors tend to follow big money investors. Usually, investors that want to keep the risk down will keep an eye on investments made by institutions and those on the inside. So, where is the big money in regard to KOPN? Here’s what’s happening:

Institutions own 38.20% of the company. Institutional interest has moved by -1.58% over the past three months. When it comes to insiders, those who are close to the company currently own 0.90% percent of KOPN shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About Kopin Corporation

Although it’s rarely a good idea to blindly follow the opinions of analysts, it is a good idea to use their opinions when validating your own when it comes to making an investment decision in the tech industry. Below 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

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.16. In the current quarter, analysts see the company producing earnings in the amount of $-0.07. 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 58.90% and revenue has seen movement of 54.20%.

Float Information

Investors tend to have a heavy interest in the total numbers of shares both available and outstanding. As it relates to Kopin Corporation, currently there are 84.17M and there is a float of 68.96M. These data mean that out of the total of 84.17M shares of KOPN that are out there today, 68.96M are available to be traded on the market.

It’s also important to pay attention to the short float. Think about it, if a large percentage of the float available for trading is shorted, the overall opinion in the market is that the equity is going to lose value. When it comes to KOPN, the percentage of the float that is shorted currently sits at 6.15%. Most traders believe that a concerning short percent of the float would be considered to be anything over 40%. In my research, I’ve found that any short percent of the float over 26% is usually a play that comes with hefty risk.

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