eMagin Co. (NYSEAMERICAN:EMAN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.42. eMagin shares last traded at $0.41, with a volume of 33,700 shares.
Separately, Zacks Investment Research lowered eMagin from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th.
A hedge fund recently raised its stake in eMagin stock. Renaissance Technologies LLC boosted its holdings in shares of eMagin Co. (NYSEAMERICAN:EMAN) by 41.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 243,071 shares of the semiconductor company’s stock after buying an additional 71,741 shares during the quarter. Renaissance Technologies LLC owned approximately 0.49% of eMagin worth $84,000 at the end of the most recent reporting period.
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.
Recommended Story: What member countries make up the G-20?
Receive News & Ratings for eMagin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eMagin and related companies with MarketBeat.com's FREE daily email newsletter.