Renaissance Technologies LLC Grows Position in Research Frontiers Incorporated (NASDAQ:REFR)

Renaissance Technologies LLC grew its holdings in Research Frontiers Incorporated (NASDAQ:REFR) by 34.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 98,069 shares of the technology company’s stock after acquiring an additional 24,969 shares during the quarter. Renaissance Technologies LLC’s holdings in Research Frontiers were worth $168,000 as of its most recent filing with the SEC.

Separately, Raymond James Financial Inc. purchased a new stake in shares of Research Frontiers in the fourth quarter valued at about $28,000. Institutional investors own 11.91% of the company’s stock.

Research Frontiers Trading Down 0.8 %

NASDAQ REFR opened at $1.15 on Wednesday. The business’s 50 day moving average is $1.14 and its two-hundred day moving average is $1.54. Research Frontiers Incorporated has a 12-month low of $0.93 and a 12-month high of $2.41. The stock has a market capitalization of $38.55 million, a price-to-earnings ratio of -38.33 and a beta of -0.09.

Research Frontiers (NASDAQ:REFR) last posted its quarterly earnings results on Thursday, March 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. Research Frontiers had a negative net margin of 80.60% and a negative return on equity of 38.15%. The company had revenue of $0.18 million for the quarter.

Research Frontiers Company Profile

Research Frontiers Incorporated engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.