As published in their initiating research note from Canaccord Genuity on January 02, 2025, Kopin Corp [KOPN] has been a Buy and the price target has been revised to $2. Analysts at Stifel started covering the stock with ‘”a Buy”‘ outlook in a report released in early June. As of December 16, 2021, H.C. Wainwright has increased its “Neutral” rating to a “Buy” for KOPN. Earlier on March 03, 2021, H.C. Wainwright downgraded its rating. Their new recommendation was “a Neutral” for KOPN stock which previously was a “a Buy”.
Analyzing KOPN Stock Performance
During the last five days, there has been a surge of approximately 46.46%. Over the course of the year, Kopin Corp shares have jumped approximately 36.76%. Shares of the company reached a 52-week high of $2.0500 on 01/23/25 and a 52-week low of $1.0800 on 01/13/25. A 50-day SMA is recorded $1.1814, while a 200-day SMA reached $0.9610. Nevertheless, trading volume fell to 82.5 million shares from 31.78 million shares the previous day.
Support And Resistance Levels for Kopin Corp (KOPN)
According to the 24-hour chart, there is a support level at 1.6967, which, if violated, would cause prices to drop to 1.5333. In the upper region, resistance lies at 2.0367. The next price resistance is at 2.2133. RSI (Relative Strength Index) is 71.72 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.1793, which suggests the price will decrease in the coming days. Percent R is at 19.59%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of Kopin Corp (KOPN)?
On August 25, 2020, H.C. Wainwright assigned a price target of “a Buy” to the stock and initiated coverage with a $2.
