eMagin Co. (NYSEAMERICAN:EMAN) traded up 10.2% during trading on Monday . The stock traded as high as $0.85 and last traded at $0.83, 1,425,056 shares changed hands during mid-day trading. A decline of 46% from the average session volume of 2,620,109 shares. The stock had previously closed at $0.75.
Separately, Zacks Investment Research cut eMagin from a “buy” rating to a “hold” rating in a research note on Friday, May 29th.
eMagin (NYSEAMERICAN:EMAN) last announced its quarterly earnings data on Thursday, May 14th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $6.73 million during the quarter. During the same quarter in the previous year, the company posted ($0.03) EPS.
eMagin Company Profile (NYSEAMERICAN:EMAN)
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.
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