Kopin (NASDAQ:KOPN) was upgraded by investment analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Friday.

Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Kopin in a report on Thursday, November 9th.

Kopin (NASDAQ KOPN) traded up $0.09 during mid-day trading on Friday, hitting $3.60. 1,090,000 shares of the company were exchanged, compared to its average volume of 412,180. Kopin has a 1-year low of $3.00 and a 1-year high of $4.60. The firm has a market cap of $271.21, a PE ratio of -8.57 and a beta of 0.98.

Kopin (NASDAQ:KOPN) last released its quarterly earnings data on Tuesday, November 7th. The company reported ($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.04). Kopin had a negative return on equity of 37.28% and a negative net margin of 125.76%. The firm had revenue of $6.14 million during the quarter. During the same quarter in the previous year, the business posted ($0.12) earnings per share.

Several hedge funds have recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. acquired a new stake in shares of Kopin in the 3rd quarter worth about $117,000. Rockefeller Financial Services Inc. acquired a new stake in shares of Kopin in the 3rd quarter worth about $320,000. AWM Investment Company Inc. increased its holdings in shares of Kopin by 1.1% in the 2nd quarter. AWM Investment Company Inc. now owns 6,675,282 shares of the company’s stock worth $24,765,000 after acquiring an additional 74,248 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Kopin by 5.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 59,652 shares of the company’s stock worth $222,000 after acquiring an additional 3,082 shares during the period. Finally, State Street Corp increased its holdings in shares of Kopin by 7.0% in the 2nd quarter. State Street Corp now owns 1,446,122 shares of the company’s stock worth $5,365,000 after acquiring an additional 94,289 shares during the period. 45.08% of the stock is currently owned by institutional investors and hedge funds.

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About Kopin

Kopin Corporation is a developer, manufacturer and seller of Wearable technologies, which include components and systems. The Company’s segments are Forth Dimension Displays Ltd. (FDD), the manufacturer of its reflective display products for test and simulation products, and Kopin, which consists of Kopin Corporation, Kowon, Kopin Software Ltd.

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