Kopin Corp. Stock Price Up 5.8% Following Strong Earnings (KOPN)
Kopin Corp. (NASDAQ:KOPN) shares rose 5.8% during mid-day trading on Thursday after the company announced better than expected quarterly earnings, StockRatingsNetwork.com reports. The company traded as high as $3.95 and last traded at $3.66, with a volume of 390,288 shares. The stock had previously closed at $3.46.
The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.02.
The stock’s 50-day moving average is $3.25 and its 200-day moving average is $3.5. The company’s market cap is $230.1 million.
Kopin Corporation is a developer and manufacturer of III-V products and miniature flat panel displays.
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