Kopin Corporation (KOPN) Drops 6.23% on January 07

Equities Staff |

Kopin Corporation (KOPN) was one of the Russell 2000's biggest losers for Thursday January 07 as the stock slid 6.23% to $2.49, a loss of $-0.165 per share. Starting at an opening price of $2.61 a share, the stock traded between $2.46 and $2.63 over the course of the trading day. Volume was 275,671 shares over 1,098 trades, against an average daily volume of 189,357 shares and a total float of 66.47 million.

The losses send Kopin Corporation down to a market cap of $165.17 million. In the last year, Kopin Corporation has traded between $4.45 and $2.50, and its 50-day SMA is currently $2.88 and 200-day SMA is $3.19.

Kopin Corp is a developer of wearable technologies and display products which includes components and concept systems. Wearable technologies are used to create hands-free voice and gesture controlled wireless computing and communication systems.

Kopin Corporation is based out of Westborough, MA and has some 198 employees. Its CEO is John C.C. Fan.

For a complete fundamental analysis analysis of Kopin Corporation, check out Equities.com’s Stock Valuation Analysis report for KOPN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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