Research Frontiers (NASDAQ:REFR) Stock Passes Below 200 Day Moving Average – Should You Sell?

Research Frontiers Incorporated (NASDAQ:REFR)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.13 and traded as low as $0.72. Research Frontiers shares last traded at $0.74, with a volume of 24,613 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Research Frontiers in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Research Frontiers Stock Performance

The company has a 50 day moving average of $0.86 and a 200 day moving average of $1.13. The stock has a market capitalization of $25.80 million, a price-to-earnings ratio of -10.57 and a beta of 0.48.

Research Frontiers (NASDAQ:REFR) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported ($0.02) EPS for the quarter. Research Frontiers had a negative net margin of 343.47% and a negative return on equity of 159.20%. The firm had revenue of $0.14 million during the quarter.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. raised its stake in Research Frontiers by 151.5% in the 2nd quarter. Raymond James Financial Inc. now owns 41,337 shares of the technology company’s stock valued at $68,000 after purchasing an additional 24,902 shares during the last quarter. XTX Topco Ltd acquired a new position in Research Frontiers in the 4th quarter valued at $28,000. Finally, Virtu Financial LLC acquired a new position in Research Frontiers in the 4th quarter valued at $27,000. 11.91% of the stock is owned by institutional investors and hedge funds.

About Research Frontiers

Research Frontiers Inc (NASDAQ:REFR) is a materials science company specializing in the development and licensing of its proprietary SPD-Smart™ light control film. This patented Suspended Particle Device technology enables electronic tinting of glass to provide variable light transmission, glare reduction and solar heat management. SPD-Smart films are designed for integration into architectural windows, automotive sunroofs and skylights, as well as aerospace and specialty applications.

The company’s core business model revolves around licensing its SPD technology and supplying the functional film to manufacturing partners.