KOPN Stock Surges 5.03% Amid Strong Buy Ratings

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As of September 27, 2024, 12:35 PM EST, Kopin Corporation (KOPN, Financial) experienced significant stock volatility, with a notable increase of 5.03%. The stock was priced at $0.693 per share, with a trading volume of 1.027 million shares, a turnover rate of 0.65%, and a price fluctuation rate of 6.55%.

Recent financial reports indicate that KOPN achieved a revenue of $12.34 million but posted a net loss of $5.92 million, translating to an earnings per share (EPS) of -$0.05. The company's gross profit stood at $3.65 million, with a price-to-earnings (P/E) ratio of -1.73.

All four analysts covering KOPN have unanimously recommended a "buy" rating, with no analysts suggesting a "hold" or "sell."

In the broader electronic components industry, which saw an overall decline of 0.88%, related stocks such as Syntec Optics Holdings Inc., Maris Tech Ltd., and KOPN saw significant gains. Other active stocks in the sector included EMagin Corporation, Neonode Inc., and AEM Holdings, with turnover rates of 6.75%, 2.07%, and 1.01%, respectively. Notably, EMagin Corporation, Interlink Electronics, Inc., and Neonode Inc. exhibited substantial price fluctuations of 15.69%, 13.43%, and 10.28%, respectively.

Kopin Corporation specializes in high-performance, application-specific optical solutions, including high-resolution microdisplays and optical components. The company's products cater to military applications such as soldier systems, avionics, and armored vehicle training and simulation. Kopin's portfolio includes microdisplays, spatial light modulators, optical modules, and medical training and simulation solutions. The majority of its revenue comes 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.