Research Frontiers, Inc. (NASDAQ:REFR) insider Kevin Douglas sold 20,414 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $3.97, for a total transaction of $81,043.58. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Kevin Douglas also recently made the following trade(s):
- On Thursday, June 25th, Kevin Douglas sold 11,732 shares of Research Frontiers stock. The stock was sold at an average price of $5.04, for a total transaction of $59,129.28.
Shares of REFR opened at $4.06 on Wednesday. Research Frontiers, Inc. has a fifty-two week low of $1.66 and a fifty-two week high of $5.70. The firm’s 50 day moving average price is $4.60 and its 200 day moving average price is $3.40. The company has a market cap of $119.67 million, a P/E ratio of -33.83 and a beta of 1.46. The company has a quick ratio of 16.00, a current ratio of 15.99 and a debt-to-equity ratio of 0.12.
Research Frontiers (NASDAQ:REFR) last announced its earnings results on Thursday, May 7th. The technology company reported ($0.02) earnings per share for the quarter. Research Frontiers had a negative return on equity of 49.26% and a negative net margin of 241.90%. The business had revenue of $0.36 million for the quarter.
A number of hedge funds and other institutional investors have recently bought and sold shares of REFR. Jane Street Group LLC acquired a new position in Research Frontiers during the 4th quarter worth approximately $38,000. B. Riley Wealth Management Inc. grew its holdings in Research Frontiers by 16.8% during the 4th quarter. B. Riley Wealth Management Inc. now owns 20,900 shares of the technology company’s stock worth $63,000 after acquiring an additional 3,000 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Research Frontiers by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 178,654 shares of the technology company’s stock valued at $537,000 after buying an additional 3,618 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Research Frontiers by 24.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 40,655 shares of the technology company’s stock valued at $95,000 after buying an additional 8,000 shares in the last quarter. Finally, Kingsview Wealth Management LLC boosted its holdings in shares of Research Frontiers by 25.5% in the 1st quarter. Kingsview Wealth Management LLC now owns 45,776 shares of the technology company’s stock valued at $107,000 after buying an additional 9,300 shares in the last quarter. Institutional investors own 8.91% of the company’s stock.
Separately, ValuEngine raised shares of Research Frontiers from a “sell” rating to a “hold” rating in a research note on Wednesday, March 18th.
Research Frontiers Company Profile
Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.
Further Reading: Basic Economics creates winners and losers
Receive News & Ratings for Research Frontiers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Frontiers and related companies with MarketBeat.com's FREE daily email newsletter.