The price of eMagin Corporation (AMEX:EMAN) shares last traded on Wall Street rose 12.82% to $1.32.
Based on available information, 1 analysts follow eMagin Corporation (AMEX:EMAN). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $3.00 and a low of $3.00, we find $3.00. Given the previous closing price of $1.17, this indicates a potential upside of 156.41 percent. EMAN stock price is now 28.23% away from the 50-day moving average and 58.76% away from the 200-day moving average. The market capitalization of the company currently stands at $105.02M.
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Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $3.00 as their price target over the next twelve months.
On December 16, 2014, H.C. Wainwright recently initiated its ‘Buy’ rating on the stock quoting a target price of $3, while ‘Oppenheimer’ rates the stock as ‘Perform’.
In other news, STILLWATER HOLDINGS LLC, 10% Owner sold 21,605 shares of the company’s stock on Jan 06. The stock was sold for $18,299 at an average price of $0.85. Upon completion of the transaction, the 10% Owner now directly owns 2,762,284 shares in the company, valued at $3.65 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 05, 10% Owner STILLWATER HOLDINGS LLC sold 3,500 shares of the business’s stock. A total of $2,866 was realized by selling the stock at an average price of $0.82. This leaves the insider owning 2,783,889 shares of the company worth $3.67 million. Insiders disposed of 856,396 shares of company stock worth roughly $1.13 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EMAN stock. A new stake in eMagin Corporation shares was purchased by CHARLES SCHWAB INVESTMENT MANAGEMENT INC during the first quarter worth $80,000. MILLENNIUM MANAGEMENT LLC invested $54,000 in shares of EMAN during the first quarter. In the first quarter, ADVISORY SERVICES NETWORK, LLC acquired a new stake in eMagin Corporation valued at approximately $1,000. In total, there are 38 active investors with 13.30% ownership of the company’s stock.
A candlestick chart of eMagin Corporation (AMEX: EMAN) showed a price of $1.2300 on Wednesday morning. During the past 12 months, eMagin Corporation has had a low of $0.55 and a high of $1.26. As of last week, the company has a debt-to-equity ratio of 0.76, a current ratio of 3.20, and a quick ratio of 1.90. The fifty day moving average price for EMAN is $1.0390 and a two-hundred day moving average price translates $0.8346 for the stock.
The latest earnings results from eMagin Corporation (AMEX: EMAN) was released for Sep, 2022. According to the Electronic Components Company, earnings per share came in at $0.01, beating analysts’ expectations of -$0.03 by 0.04. This compares to $0.02 EPS in the same period last year. The net profit margin was 2.10% and return on equity was 3.20% for EMAN. The company reported revenue of $8.39 million for the quarter, compared to $7.21 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.38 percent. For the current quarter, analysts expect EMAN to generate $7.36M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/26/2012. Investors who held shares on 12/20/2012 were paid a $0.10 dividend.
eMagin Corporation(EMAN) Company Profile
eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL. The company also provides design reference kits, which include a micro display and associated electronics to help original equipment manufacturers (OEMs) to evaluate micro display products; near-eye virtual imaging modules that incorporate its OLED-on-silicon micro displays with its lenses and electronic interfaces for integration into OEM products; prism optics, a molded plastic prism lens that permits its AMOLED micro displays to provide realistic images that can be viewed for extended periods with reduced eye-fatigue; and driver boards. Its products are used in military aviation helmets, military weapons sights and targeting systems, night vision and thermal imaging devices, training and simulation, visualization for ocular surgery, mobile ultrasound, and augmented reality applications. The company was founded in 1996 and is headquartered in Hopewell Junction, New York.
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