Research Frontiers Director Buys $10,780 in Stock (REFR)
Research Frontiers (NASDAQ:REFR) Director Alexander Kaganowicz acquired 2,000 shares of Research Frontiers stock in a transaction dated Thursday, June 19th. The shares were purchased at an average cost of $5.39 per share, for a total transaction of $10,780.00. Following the acquisition, the director now directly owns 130,923 shares in the company, valued at approximately $705,675. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Research Frontiers (NASDAQ:REFR) traded up 0.06% during mid-day trading on Friday, hitting $5.4435. The stock had a trading volume of 107,633 shares. Research Frontiers has a 52 week low of $3.75 and a 52 week high of $7.64. The stock has a 50-day moving average of $5.49 and a 200-day moving average of $5.87. The company’s market cap is $125.9 million.
Separately, analysts at Zacks downgraded shares of Research Frontiers from a “hold” rating to a “sell” rating in a research note on Wednesday, April 9th.
Engages in the development of technology and devices to control the flow of light. The devices, called light valves, use fluid suspensions of microscopic-particles that are enclosed between two clear plates.
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