eMagin Co. (NYSE:EMAN) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation.
Zacks has also assigned eMagin an industry rank of 43 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised eMagin from a “sell” rating to a “hold” rating in a research note on Wednesday, October 12th.
Large investors have recently made changes to their positions in the company. BlackRock Fund Advisors boosted its stake in shares of eMagin by 26.7% in the second quarter. BlackRock Fund Advisors now owns 57,437 shares of the company’s stock worth $110,000 after buying an additional 12,110 shares during the period. Renaissance Technologies LLC boosted its stake in shares of eMagin by 3.9% in the first quarter. Renaissance Technologies LLC now owns 179,700 shares of the company’s stock worth $322,000 after buying an additional 6,685 shares during the period. Finally, First Washington CORP boosted its stake in shares of eMagin by 1.0% in the second quarter. First Washington CORP now owns 1,212,658 shares of the company’s stock worth $2,328,000 after buying an additional 11,900 shares during the period.
Shares of eMagin (NYSE:EMAN) opened at 2.50 on Wednesday. eMagin has a 52 week low of $1.26 and a 52 week high of $3.30. The company has a 50-day moving average price of $2.57 and a 200 day moving average price of $2.23. The stock’s market capitalization is $73.47 million.
eMagin (NYSE:EMAN) last announced its quarterly earnings data on Thursday, August 11th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by $0.03. Analysts forecast that eMagin will post ($0.21) earnings per share for the current fiscal year.
eMagin Company Profile
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.