KOPN Stock Summary and Trading Ideas (Kopin | NASDAQ:KOPN)

Kopin Corp is a provider of high-performance application-specific optical solutions consisting of high-resolution microdisplays and optics, subassemblies, and headsets. It serves soldiers, avionics, armored vehicles training and simulation military applications, and others. Its product portfolio includes Microdisplays, Spatial Light Modulators, Optical Modules, Medical, Training, and Simulation. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia-Pacific; Europe, and Other Countries.

Kopin trades on the NASDAQ stock market under the symbol KOPN.

As of April 18, 2024, KOPN stock price declined to $1.26 with 820,912 million shares trading.

KOPN has a beta of 2.21, meaning it tends to be more sensitive to market movements. KOPN has a correlation of 0.12 to the broad based SPY ETF.

KOPN has a market cap of $149.22 million. This is considered a Micro Cap stock.

Last quarter Kopin reported $9 million in Revenue and -$.06 earnings per share. This fell short of revenue expectation by $-452,000 and missed earnings estimates by -$.04.

In the last 3 years, KOPN stock traded as high as $10.13 and as low as $.94.

The top ETF exchange traded funds that KOPN belongs to (by Net Assets): VTI, VXF, IWC, AVSC.

KOPN has outperformed the market in the last year with a return of +27.3%, while the SPY ETF gained +22.3%. However, in the most recent history, KOPN shares have underperformed the stock market with its stock returning -37.0% in the last 3 month period and -21.7% for the last 2 week period, while SPY has returned +6.1% and -3.9%, respectively.

KOPN support price is $1.22 and resistance is $1.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KOPN stock will trade within this expected range on the day.