eMagin (NYSEAMERICAN:EMAN) Share Price Passes Above 200-Day Moving Average of $0.00

eMagin Co. (NYSEAMERICAN:EMANGet Rating) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.68. eMagin shares last traded at $0.64, with a volume of 97,080 shares traded.

eMagin Price Performance

The company has a market capitalization of $47.54 million, a price-to-earnings ratio of -3.44 and a beta of 1.62. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.32 and a quick ratio of 1.47.

Institutional Investors Weigh In On eMagin

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP purchased a new position in eMagin during the 4th quarter worth $68,000. Jane Street Group LLC bought a new stake in eMagin during the 2nd quarter valued at $97,000. JPMorgan Chase & Co. bought a new stake in eMagin during the 1st quarter valued at $154,000. State Street Corp boosted its position in eMagin by 6.8% during the 1st quarter. State Street Corp now owns 908,097 shares of the semiconductor company’s stock valued at $1,035,000 after acquiring an additional 57,460 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of eMagin by 15,868.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,921,349 shares of the semiconductor company’s stock worth $2,190,000 after purchasing an additional 1,909,317 shares in the last quarter. 43.67% of the stock is currently owned by hedge funds and other institutional investors.

About eMagin

(Get Rating)

eMagin Corporation engages in the design, develop, manufacture, and market of organic light-emitting diode (OLED) miniature displays on-silicon micro displays, virtual imaging products that utilize OLED micro displays, and related products in the United States and internationally. It offers super video graphics array (SVGA) + OLED micro displays; digital SVGA OLED-XL; super extended graphics array OLED-XL/XLS; video graphics array OLED-XL; and widescreen ultra-extended graphics array OLED-XL.

Further Reading

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