Uni-Pixel, Inc. (NASDAQ:UNXL) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday.

According to Zacks, “Uni-Pixel, Inc is engaged in the design and development of polymer film materials and related technologies for the display, flexible electronics, and energy, transportation and entertainment industries. The Company’s patented technology, Time Multiplexed Optical Shutter (TMOS) technology, can be used in mobile phones, digital cameras, notebook computers, televisions, and other consumer electronic devices. Uni-Pixel, Inc is headquartered in The Woodlands, Texas. “

A number of other research firms have also issued reports on UNXL. Roth Capital lowered shares of Uni-Pixel from a “buy” rating to a “neutral” rating in a research report on Friday, May 12th. ValuEngine lowered shares of Uni-Pixel from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Finally, Benchmark Co. reissued a “buy” rating and set a $0.42 price target on shares of Uni-Pixel in a research report on Sunday, August 13th.

Shares of Uni-Pixel (NASDAQ:UNXL) opened at 0.2695 on Friday. The firm’s 50-day moving average is $0.36 and its 200-day moving average is $0.65. The stock’s market capitalization is $19.73 million. Uni-Pixel has a one year low of $0.25 and a one year high of $1.81.

Uni-Pixel (NASDAQ:UNXL) last posted its quarterly earnings results on Thursday, August 10th. The electronics maker reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.04. Uni-Pixel had a negative return on equity of 627.00% and a negative net margin of 675.26%. The business had revenue of $1.30 million for the quarter, compared to analysts’ expectations of $2.25 million. During the same period in the prior year, the business posted ($0.16) earnings per share. The business’s quarterly revenue was up 30.0% compared to the same quarter last year. On average, analysts expect that Uni-Pixel will post ($0.42) earnings per share for the current fiscal year.

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A hedge fund recently raised its stake in Uni-Pixel stock. Hood River Capital Management LLC boosted its stake in shares of Uni-Pixel, Inc. (NASDAQ:UNXL) by 3.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 996,762 shares of the electronics maker’s stock after buying an additional 32,942 shares during the period. Hood River Capital Management LLC owned about 1.79% of Uni-Pixel worth $847,000 at the end of the most recent quarter. Institutional investors own 9.72% of the company’s stock.

About Uni-Pixel

Uni-Pixel, Inc develops and markets touch sensor films for the touch screen and flexible electronics markets. The Company’s roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The Company markets its technologies for touch panel sensor and hard coat resin for cover glass replacement, and protective cover film applications under the XTouch and Diamond Guard brands.

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