eMagin Corporation [AMEX: EMAN] closed the trading session at $2.90 on 04/27/21. The day’s price range saw the stock hit a low of $2.79, while the highest price level was $3.14. The company report on April 13, 2021 that NordicNeuroLab Selects eMagin’s AMOLED Microdisplays for Functional Brain Imaging Application.
VisualSystem HD Goggles Use eMagin’s WUXGA Color OLED to Project Full-color, High-resolution Images.
eMagin Corporation (NYSE American:EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays used in military and commercial AR
The stocks have a year to date performance of 75.76 percent and weekly performance of 18.85 percent. The stock has been moved at 92.05 percent over the last six months. The stock has performed -15.70 percent around the most recent 30 days and changed 3.57 percent over the most recent 3-months.
If compared to the average trading volume of 2.07M shares, EMAN reached to a volume of 1107303 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about eMagin Corporation [EMAN]:
Rodman & Renshaw have made an estimate for eMagin Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 23, 2017. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on December 16, 2014, representing the official price target for eMagin Corporation stock.
The Average True Range (ATR) for eMagin Corporation is set at 0.34, with the Price to Sales ratio for EMAN stock in the period of the last 12 months amounting to 6.63. The Price to Book ratio for the last quarter was 13.81, with the Price to Cash per share for the same quarter was set at 0.15.
EMAN stock trade performance evaluation
eMagin Corporation [EMAN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.85. With this latest performance, EMAN shares dropped by -15.70% in over the last four-week period, additionally plugging by 92.05% over the last 6 months – not to mention a rise of 917.54% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EMAN stock in for the last two-week period is set at 43.71, with the RSI for the last a single of trading hit 45.17, and the three-weeks RSI is set at 44.73 for eMagin Corporation [EMAN]. The present Moving Average for the last 50 days of trading for this stock 3.73, while it was recorded at 2.79 for the last single week of trading, and 2.08 for the last 200 days.
eMagin Corporation [EMAN]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and eMagin Corporation [EMAN] shares currently have an operating margin of -23.51 and a Gross Margin at +21.63. eMagin Corporation’s Net Margin is presently recorded at -38.91.
Return on Total Capital for EMAN is now -24.09, given the latest momentum, and Return on Invested Capital for the company is -45.97. Return on Equity for this stock declined to -67.45, with Return on Assets sitting at -29.65. When it comes to the capital structure of this company, eMagin Corporation [EMAN] has a Total Debt to Total Equity ratio set at 102.83. Additionally, EMAN Total Debt to Total Capital is recorded at 50.70, with Total Debt to Total Assets ending up at 35.06. Long-Term Debt to Equity for the company is recorded at 78.60, with the Long-Term Debt to Total Capital now at 38.75.
Reflecting on the efficiency of the workforce at the company, eMagin Corporation [EMAN] managed to generate an average of -$110,077 per employee. Receivables Turnover for the company is 5.50 with a Total Asset Turnover recorded at a value of 0.76.eMagin Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.80.
Earnings per share (EPS) analysis for eMagin Corporation [EMAN] stock
With the latest financial reports released by the company, eMagin Corporation posted 0/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 100.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EMAN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for eMagin Corporation go to 20.00%.
eMagin Corporation [EMAN]: Insider Ownership positions
There are presently around $37 million, or 22.30% of EMAN stock, in the hands of institutional investors. The top three institutional holders of EMAN stocks are: AWM INVESTMENT COMPANY, INC. with ownership of 7,430,512, which is approximately 27.991% of the company’s market cap and around 2.20% of the total institutional ownership; VANGUARD GROUP INC, holding 2,750,408 shares of the stock with an approximate value of $7.98 million in EMAN stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $1.02 million in EMAN stock with ownership of nearly 151.042% of the company’s market capitalization.
Positions in eMagin Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 22 institutional holders increased their position in eMagin Corporation [AMEX:EMAN] by around 3,714,021 shares. Additionally, 7 investors decreased positions by around 678,633 shares, while 12 investors held positions by with 8,408,252 shares. The mentioned changes placed institutional holdings at 12,800,906 shares, according to the latest SEC report filing. EMAN stock had 7 new institutional investments in for a total of 492,630 shares, while 3 institutional investors sold positions of 586,144 shares during the same period.