Research Frontiers, Inc. (NASDAQ:REFR) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Zacks has also assigned Research Frontiers an industry rank of 73 out of 256 based on the ratings given to related companies.
Separately, ValuEngine downgraded Research Frontiers from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st.
In other news, VP Michael R. Lapointe sold 26,265 shares of the stock in a transaction on Tuesday, June 25th. The stock was sold at an average price of $3.35, for a total value of $87,987.75. Following the completion of the transaction, the vice president now owns 81,078 shares of the company’s stock, valued at $271,611.30. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Michael R. Lapointe sold 15,127 shares of the stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $3.27, for a total value of $49,465.29. Following the completion of the transaction, the vice president now directly owns 81,078 shares of the company’s stock, valued at approximately $265,125.06. The disclosure for this sale can be found here. 8.60% of the stock is owned by corporate insiders.
Several large investors have recently added to or reduced their stakes in REFR. Shufro Rose & Co. LLC grew its stake in shares of Research Frontiers by 16.9% in the first quarter. Shufro Rose & Co. LLC now owns 165,750 shares of the technology company’s stock worth $358,000 after purchasing an additional 24,000 shares in the last quarter. Catalyst Capital Advisors LLC bought a new position in shares of Research Frontiers in the first quarter worth $164,000. B. Riley Wealth Management Inc. bought a new position in shares of Research Frontiers in the first quarter worth $28,000. Wells Fargo & Company MN grew its stake in shares of Research Frontiers by 33.8% in the second quarter. Wells Fargo & Company MN now owns 26,101 shares of the technology company’s stock worth $87,000 after purchasing an additional 6,600 shares in the last quarter. Finally, BlackRock Inc. grew its stake in shares of Research Frontiers by 9.8% in the second quarter. BlackRock Inc. now owns 725,324 shares of the technology company’s stock worth $2,416,000 after purchasing an additional 64,767 shares in the last quarter. 6.33% of the stock is owned by institutional investors.
Shares of NASDAQ REFR traded up $0.39 during trading on Monday, reaching $5.05. The stock had a trading volume of 973,300 shares, compared to its average volume of 186,226. Research Frontiers has a one year low of $0.92 and a one year high of $5.38. The company has a debt-to-equity ratio of 0.11, a current ratio of 27.80 and a quick ratio of 11.47. The firm’s 50 day moving average price is $3.43 and its two-hundred day moving average price is $2.84.
Research Frontiers (NASDAQ:REFR) last issued its quarterly earnings results on Thursday, August 8th. The technology company reported ($0.05) earnings per share for the quarter. Research Frontiers had a negative net margin of 239.63% and a negative return on equity of 63.98%. The firm had revenue of $0.30 million during the quarter.
Research Frontiers Company Profile
Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company 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.
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