Uni-Pixel Stock Rating Lowered by Zacks (UNXL)
Uni-Pixel (NASDAQ:UNXL) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Wednesday, AnalystRatingsNetwork.com reports. They currently have a $17.10 target price on the stock. Zacks‘ price target indicates a potential downside of 4.89% from the stock’s previous close.
Shares of Uni-Pixel (NASDAQ:UNXL) traded down 4.78% on Wednesday, hitting $17.12. The stock had a trading volume of 861,954 shares. Uni-Pixel has a 1-year low of $5.27 and a 1-year high of $41.42. The stock has a 50-day moving average of $17.61 and a 200-day moving average of $21.09. The company’s market cap is $206.1 million.
Uni-Pixel (NASDAQ:UNXL) last released its earnings data on Thursday, August 8th. The company reported ($0.40) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.30) by $0.10. The company had revenue of $0.75 million for the quarter, compared to the consensus estimate of $1.63 million. During the same quarter in the prior year, the company posted ($0.29) earnings per share. On average, analysts predict that Uni-Pixel will post $-0.30 earnings per share for the current fiscal year.
Separately, analysts at Cowen and Company reiterated an “outperform” rating on shares of Uni-Pixel in a research note to investors on Tuesday, August 27th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Uni-Pixel presently has a consensus rating of “Buy” and an average price target of $52.42.
In other Uni-Pixel news, CFO Jeffrey W. Tomz sold 11,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $20.00, for a total transaction of $220,000.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Uni-Pixel, Inc (NASDAQ:UNXL) is engaged in optical design and manufacturing of large area micro-structured polymer film materials and related technologies for the display, flexible electronics, energy, transportation and entertainment industries.
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