Following these proceedings, Canaccord Genuity initiated its Kopin Corp [KOPN] rating to a Buy in a research note published on January 02, 2025; the price target was $2. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early June with a ‘”a Buy”‘ rating. H.C. Wainwright also remained covering KOPN and has increased its forecast on December 16, 2021 with a “Buy” recommendation from previously “Neutral” rating. H.C. Wainwright revised its rating on March 03, 2021. It rated KOPN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of KOPN
On Tuesday, Kopin Corp [NASDAQ:KOPN] saw its stock fall -6.49% to $1.44. Over the last five days, the stock has lost -5.88%. Kopin Corp shares have risen nearly 5.88% since the year began. Nevertheless, the stocks have fallen -31.91% over the past one year. While a 52-week high of $2.82 was reached on 01/06/25, a 52-week low of $0.56 was recorded on 01/02/25. SMA at 50 days reached $1.0766, while 200 days put it at $0.9826.
Levels Of Support And Resistance For KOPN Stock
The 24-hour chart illustrates a support level at 1.3567, which if violated will result in even more drops to 1.2733. On the upside, there is a resistance level at 1.5517. A further resistance level may holdings at 1.6633. The Relative Strength Index (RSI) on the 14-day chart is 60.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1019, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.78%. Stochastics %K at 77.49% indicates the stock is a holding.
How much short interest is there in Kopin Corp?
A steep rise in short interest was recorded in Kopin Corp stocks on 2024-10-31, dropping by -0.55 million shares to a total of 2.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.74 million shares. There was a decline of -24.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on August 25, 2020 when H.C. Wainwright began covering the stock and recommended ‘”a Buy”‘ rating along with a $2 price target.
