Research Frontiers (NASDAQ:REFR) Share Price Passes Below 200 Day Moving Average – What’s Next?

Research Frontiers Incorporated (NASDAQ:REFR)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.41 and traded as low as $0.8750. Research Frontiers shares last traded at $0.91, with a volume of 6,365 shares traded.

Wall Street Analyst Weigh In

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

Research Frontiers Stock Performance

The company has a market cap of $33.17 million, a P/E ratio of -15.91 and a beta of 0.54. The stock has a 50-day moving average of $1.04 and a two-hundred day moving average of $1.40.

Research Frontiers (NASDAQ:REFR) last posted its quarterly earnings results on Thursday, March 5th. The technology company reported ($0.02) EPS for the quarter. The business had revenue of $0.07 million for the quarter. Research Frontiers had a negative return on equity of 122.96% and a negative net margin of 182.60%.

Institutional Trading of Research Frontiers

Several hedge funds have recently added to or reduced their stakes in REFR. Virtu Financial LLC purchased a new stake in Research Frontiers during the fourth quarter valued at about $27,000. XTX Topco Ltd bought a new stake in shares of Research Frontiers in the 4th quarter valued at about $28,000. Finally, Raymond James Financial Inc. boosted its holdings in Research Frontiers by 151.5% during the 2nd quarter. Raymond James Financial Inc. now owns 41,337 shares of the technology company’s stock valued at $68,000 after acquiring an additional 24,902 shares during the period. 11.91% of the stock is owned by institutional investors.

Research Frontiers Company Profile

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.