Mufg Securities Canada LTD. acquired a new position in shares of eMagin Co. (NYSEAMERICAN:EMAN – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 432,773 shares of the semiconductor company’s stock, valued at approximately $896,000.
A number of other large investors also recently modified their holdings of EMAN. Hsbc Holdings PLC acquired a new stake in eMagin during the second quarter worth about $326,000. Royal London Asset Management Ltd. bought a new position in shares of eMagin during the second quarter valued at approximately $744,000. Finally, Van ECK Associates Corp acquired a new stake in shares of eMagin during the 2nd quarter worth approximately $6,894,000. 33.36% of the stock is currently owned by institutional investors.
eMagin Stock Performance
EMAN stock opened at $2.07 on Tuesday. eMagin Co. has a 1 year low of $0.69 and a 1 year high of $2.49. The stock has a market capitalization of $172.20 million, a price-to-earnings ratio of -13.80 and a beta of 2.03. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.16 and a current ratio of 2.06. The stock’s fifty day moving average is $2.07 and its two-hundred day moving average is $2.07.
eMagin Company Profile
eMagin Corporation, headquartered in Hopewell Junction, New York, is a technology company specializing in the design, development and manufacture of high-resolution organic light-emitting diode (OLED) microdisplays. Since its founding in 1996, eMagin has focused on delivering advanced active-matrix OLED (AMOLED) microdisplay solutions for near-to-eye applications, including virtual reality (VR), augmented reality (AR), military and industrial head-mounted systems, as well as medical imaging devices.
The company’s core product portfolio features monochrome and full-color OLED microdisplays that offer high contrast ratios, wide color gamut and low power consumption in a compact form factor.
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