Kopin Corporation (KOPN) Receiving Somewhat Positive Press Coverage, Analysis Finds

News stories about Kopin Corporation (NASDAQ:KOPN) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Kopin Corporation earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.2050645875827 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:

Several brokerages recently weighed in on KOPN. BidaskClub lowered shares of Kopin Corporation from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. Needham & Company LLC reaffirmed a “hold” rating on shares of Kopin Corporation in a research report on Tuesday, August 8th.

Shares of Kopin Corporation (NASDAQ:KOPN) traded down 1.94% during trading on Thursday, reaching $4.05. 339,311 shares of the company traded hands. Kopin Corporation has a 12 month low of $1.93 and a 12 month high of $4.60. The stock’s 50 day moving average price is $4.11 and its 200-day moving average price is $3.87. The stock’s market cap is $292.36 million.

Kopin Corporation (NASDAQ:KOPN) last released its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.02). Kopin Corporation had a negative return on equity of 36.44% and a negative net margin of 125.80%. The firm had revenue of $5.93 million for the quarter. During the same period in the prior year, the business posted ($0.05) earnings per share. On average, equities research analysts expect that Kopin Corporation will post ($0.33) EPS for the current fiscal year.

In other news, CFO Richard Sneider sold 65,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $4.00, for a total transaction of $260,000.00. Following the sale, the chief financial officer now owns 292,138 shares in the company, valued at approximately $1,168,552. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Hong K. Choi sold 10,495 shares of the company’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $4.50, for a total value of $47,227.50. Following the sale, the insider now owns 336,442 shares in the company, valued at approximately $1,513,989. The disclosure for this sale can be found here. In the last quarter, insiders have sold 125,495 shares of company stock worth $507,228. Company insiders own 8.70% of the company’s stock.

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Kopin Corporation Company Profile

Kopin Corporation is a developer, manufacturer and seller of Wearable technologies, which include components and systems. The Company’s segments are Forth Dimension Displays Ltd. (FDD), the manufacturer of its reflective display products for test and simulation products, and Kopin, which consists of Kopin Corporation, Kowon, Kopin Software Ltd.

Insider Buying and Selling by Quarter for Kopin Corporation (NASDAQ:KOPN)

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