Craig Hallum Lowers eMagin (NYSEAMERICAN:EMAN) to Hold

Craig Hallum lowered shares of eMagin (NYSEAMERICAN:EMAN) from a buy rating to a hold rating in a research report report published on Tuesday, The Fly reports.

A number of other equities research analysts have also recently commented on the company. HC Wainwright set a $2.00 price target on eMagin and gave the company a buy rating in a report on Monday, April 22nd. Zacks Investment Research raised eMagin from a sell rating to a hold rating in a report on Wednesday, July 10th.

Shares of eMagin stock opened at $0.28 on Tuesday. eMagin has a one year low of $0.25 and a one year high of $1.70.

eMagin (NYSEAMERICAN:EMAN) last posted its quarterly earnings results on Tuesday, August 13th. The semiconductor company reported ($0.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.02). The business had revenue of $5.36 million during the quarter, compared to analyst estimates of $7.70 million. During the same quarter in the previous year, the company posted ($0.11) earnings per share.

eMagin Company Profile

eMagin Corporation designs, develops, manufactures, and markets organic light emitting diode (OLED) displays on-silicon micro displays; virtual imaging products that utilize OLED micro displays; and related products. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS and OLED-XL; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL/XLS.

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