Research Frontiers (NASDAQ:REFR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “RESEARCH FRONTIERS INC. is primarily engaged in the development and licensing of suspended particle technology and devices to control the transmission of light. “

Research Frontiers (NASDAQ REFR) traded up $0.07 during midday trading on Thursday, hitting $1.11. The stock had a trading volume of 31,300 shares, compared to its average volume of 35,950. Research Frontiers has a 1 year low of $0.86 and a 1 year high of $2.15. The company has a market capitalization of $25.01, a P/E ratio of -8.54 and a beta of 0.07.

Research Frontiers (NASDAQ:REFR) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). Research Frontiers had a negative return on equity of 81.01% and a negative net margin of 207.76%. The firm had revenue of $0.49 million for the quarter, compared to the consensus estimate of $0.45 million. equities analysts predict that Research Frontiers will post -0.11 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Research Frontiers (REFR) Raised to Hold at Zacks Investment Research” was posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://www.americanbankingnews.com/2018/01/04/research-frontiers-refr-raised-to-hold-at-zacks-investment-research.html.

About Research Frontiers

Research Frontiers Incorporated (Research Frontiers) is engaged in the development and marketing of technology and devices to control the flow of light. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, lamination services, electronics to power end-products incorporating the film, or the end-products themselves, such as smart windows, skylights and sunroofs.

Get a free copy of the Zacks research report on Research Frontiers (REFR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Research Frontiers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Frontiers and related companies with MarketBeat.com's FREE daily email newsletter.