Kopin Corp. Sees Unusually-High Trading Volume Following Analyst Upgrade (KOPN)
Kopin Corp. (NASDAQ:KOPN) saw strong trading volume on Tuesday after Wunderlich raised their price target on the stock from $3.50 to $4.50, Stock Ratings News reports. Wunderlich currently has a hold rating on the stock. 263,972 shares changed hands during mid-day trading, an increase of 89% from the previous session’s volume of 139,608 shares.The stock last traded at $4.16 and had previously closed at $3.97.
The stock has a 50-day moving average of $4.06 and a 200-day moving average of $3.80. The company has a market cap of $259.5 million and a price-to-earnings ratio of 233.53.
Kopin Corporation is a developer and manufacturer of III-V products and miniature flat panel displays.
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