HC Wainwright reissued their buy rating on shares of eMagin Co. (NYSE:EMAN) in a report published on Friday morning. The firm currently has a $4.00 price target on the semiconductor company’s stock.

Separately, Zacks Investment Research lowered shares of eMagin from a hold rating to a sell rating in a research report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. eMagin currently has a consensus rating of Hold and a consensus price target of $4.67.

eMagin (NYSE EMAN) traded down $0.10 during trading on Friday, hitting $1.70. 135,650 shares of the stock traded hands, compared to its average volume of 45,931. eMagin has a 12 month low of $1.75 and a 12 month high of $3.00.

eMagin (NYSE:EMAN) last released its quarterly earnings results on Thursday, November 9th. The semiconductor company reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.04). eMagin had a negative net margin of 43.16% and a negative return on equity of 44.28%. The company had revenue of $4.28 million during the quarter, compared to analyst estimates of $5.60 million.

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A hedge fund recently bought a new stake in eMagin stock. Virtu KCG Holdings LLC purchased a new stake in eMagin Co. (NYSE:EMAN) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 42,044 shares of the semiconductor company’s stock, valued at approximately $103,000. Virtu KCG Holdings LLC owned approximately 0.13% of eMagin as of its most recent filing with the Securities & Exchange Commission.

About eMagin

eMagin Corporation is engaged in the manufacture of microdisplays using organic light emitting diode (OLED) technology. The Company designs, develops, manufactures and markets OLED on silicon microdisplays, virtual imaging products that utilizes OLED microdisplays and related products. The Company also performs research in the OLED field.

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