Uni-Pixel, Inc. (NASDAQ:UNXL)’s share price fell 21.5% during mid-day trading on Tuesday . The stock traded as low as $0.05 and last traded at $0.05. 12,835,237 shares changed hands during mid-day trading, an increase of 124% from the average session volume of 5,725,220 shares. The stock had previously closed at $0.07.
Several research firms have issued reports on UNXL. Benchmark Co. lowered Uni-Pixel from a “speculative buy” rating to a “hold” rating in a research note on Monday, August 28th. Zacks Investment Research lowered Uni-Pixel from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Finally, ValuEngine lowered Uni-Pixel from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd.
The stock’s 50-day moving average is $0.26 and its 200-day moving average is $0.52. The company’s market cap is $3.73 million.
Uni-Pixel (NASDAQ:UNXL) last issued its quarterly earnings results on Thursday, August 10th. The electronics maker reported ($0.20) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by ($0.04). Uni-Pixel had a negative return on equity of 627.00% and a negative net margin of 675.26%. The company had revenue of $1.30 million for the quarter, compared to analysts’ expectations of $2.25 million. During the same quarter last year, the company earned ($0.16) EPS. Uni-Pixel’s revenue for the quarter was up 30.0% compared to the same quarter last year. Equities research analysts expect that Uni-Pixel, Inc. will post ($0.56) EPS for the current fiscal year.
An institutional investor recently raised its position in Uni-Pixel stock. Hood River Capital Management LLC boosted its stake in shares of Uni-Pixel, Inc. (NASDAQ:UNXL) by 3.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 996,762 shares of the electronics maker’s stock after purchasing an additional 32,942 shares during the quarter. Hood River Capital Management LLC owned approximately 1.79% of Uni-Pixel worth $847,000 as of its most recent SEC filing. 5.25% of the stock is currently owned by hedge funds and other institutional investors.
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Uni-Pixel Company Profile
Uni-Pixel, Inc develops and markets touch sensor films for the touch screen and flexible electronics markets. The Company’s roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The Company markets its technologies for touch panel sensor and hard coat resin for cover glass replacement, and protective cover film applications under the XTouch and Diamond Guard brands.
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