Research Frontiers (NASDAQ:REFR) Share Price Passes Below 200-Day Moving Average of $1.95

Research Frontiers Incorporated (NASDAQ:REFR – Get Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.95 and traded as low as $1.55. Research Frontiers shares last traded at $1.58, with a volume of 38,521 shares trading hands.

Research Frontiers Price Performance

The firm’s 50 day moving average is $1.64 and its 200 day moving average is $1.95. The firm has a market cap of $52.95 million, a P/E ratio of -22.57 and a beta of 0.55.

Research Frontiers (NASDAQ:REFR – Get Rating) last released its quarterly earnings data on Thursday, March 9th. The technology company reported ($0.02) earnings per share for the quarter. Research Frontiers had a negative net margin of 407.82% and a negative return on equity of 57.53%. The company had revenue of $0.13 million for the quarter.

Institutional Trading of Research Frontiers

Hedge funds and other institutional investors have recently modified their holdings of the company. Money Concepts Capital Corp bought a new position in shares of Research Frontiers during the fourth quarter worth $124,000. Kingsview Wealth Management LLC bought a new stake in shares of Research Frontiers in the 2nd quarter valued at about $63,000. Atria Wealth Solutions Inc. bought a new stake in shares of Research Frontiers in the 1st quarter valued at about $63,000. Benedetti & Gucer Inc. acquired a new stake in Research Frontiers in the 1st quarter worth approximately $53,000. Finally, Jane Street Group LLC acquired a new stake in Research Frontiers in the 3rd quarter worth approximately $40,000. 8.42% of the stock is owned by hedge funds and other institutional investors.

About Research Frontiers

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Research Frontiers, Inc engages in development, licensing and commercialization of suspended particle device (SPD) light-control technology for automobiles, homes, buildings, aircraft, boats, exhibition and display applications markets. It develops and licenses technologies to other companies that manufactures and markets SPD-smart chemical emulsion or light-control film made from chemical emulsion, lamination services and electronics to power end-products incorporating the film, skylights and sunroofs.