KOPN Stock Dips Amidst Electronic Components Sector Fluctuations

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Nov 26, 2024
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In recent trading, Kopin Corporation (KOPN, Financial) experienced a significant stock movement, with shares dropping by 6.48%. The stock is now priced at $1.01 per share, with a trading volume of 1.01091 million shares and a turnover rate of 0.66%. The stock's volatility reached 7.41%.

Recent financial reports indicate that Kopin Corporation achieved a revenue of $13.32 million, but faced a net loss of $3.46 million, resulting in an earnings per share (EPS) of -$0.03. The company's gross profit stood at $5.00 million, and it currently holds a price-to-earnings ratio of -2.55. Among the four institutions that rated the stock, all have recommended buying, with no hold or sell recommendations.

Within the electronic components sector, which saw an overall decline of 0.49%, several related stocks showed notable movements. Maris-Tech Ltd., Integrated Media Technology Limited, and Semilux International Ltd. recorded significant gains. Meanwhile, Kulr Technology Group, Inc., Microcloud Hologram Inc., and Syntec Optics Holdings Inc. demonstrated high volatility, with fluctuations of 33.23%, 21.80%, and 19.80%, respectively.

Kopin Corporation is a provider of high-performance optical solutions, specializing in high-resolution miniature displays and optical devices. Their product range includes microdisplays, spatial light modulators, and optical modules, catering to military applications such as soldier training, avionics, and armored vehicle simulations. The company generates most of its revenue from the Americas, with additional operations in the Asia-Pacific region, Europe, and other countries.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.