Uni-Pixel Downgraded to Market Perform at Cowen and Company (UNXL)
Uni-Pixel (NASDAQ:UNXL) was downgraded by analysts at Cowen and Company from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports.
UNXL has been the subject of a number of other recent research reports. Analysts at Oppenheimer initiated coverage on shares of Uni-Pixel in a research note to investors on Monday, November 18th. They set a “market perform” rating on the stock. Separately, analysts at Craig Hallum downgraded shares of Uni-Pixel from a “buy” rating to a “neutral” rating in a research note to investors on Friday, November 8th. Finally, analysts at Zacks downgraded shares of Uni-Pixel from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, October 9th. They now have a $17.10 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $51.03.
Uni-Pixel (NASDAQ:UNXL) opened at 10.01 on Thursday. Uni-Pixel has a one year low of $9.42 and a one year high of $41.42. The stock has a 50-day moving average of $12.42 and a 200-day moving average of $15.30. The company’s market cap is $122.5 million. Uni-Pixel also saw unusually large options trading activity on Wednesday. Stock investors bought 6,372 put options on the stock. This is an increase of 665% compared to the average volume of 833 put options.
Uni-Pixel (NASDAQ:UNXL) last announced its earnings results on Thursday, November 7th. The company reported ($0.44) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.22) by $0.22. The company had revenue of $5.10 million for the quarter, compared to the consensus estimate of $3.75 million. Analysts expect that Uni-Pixel will post $-0.58 EPS for the current fiscal year.
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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