Uni-Pixel Sees Unusually High Options Volume (UNXL)
Uni-Pixel (NASDAQ:UNXL) saw some unusual options trading on Wednesday. Investors acquired 6,893 put options on the company, AmericanBankingNews.com reports. This is an increase of 744% compared to the typical daily volume of 817 put options.
Separately, analysts at Zacks upgraded shares of Uni-Pixel from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 29th. They now have a $6.20 price target on the stock.
Shares of Uni-Pixel (NASDAQ:UNXL) traded down 9.23% during mid-day trading on Wednesday, hitting $6.88. The stock had a trading volume of 1,074,200 shares. Uni-Pixel has a 52 week low of $4.80 and a 52 week high of $20.83. The stock’s 50-day moving average is $6.29 and its 200-day moving average is $8.47. The company’s market cap is $85.0 million.
Uni-Pixel (NASDAQ:UNXL) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.50) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.50). During the same quarter in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was down 100.0% on a year-over-year basis. On average, analysts predict that Uni-Pixel will post $-1.94 earnings per share 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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