Research Frontiers (NASDAQ:REFR) Share Price Passes Above Two Hundred Day Moving Average of $1.71

Research Frontiers Incorporated (NASDAQ:REFR) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.71 and traded as high as $2.20. Research Frontiers shares last traded at $2.16, with a volume of 12,832 shares traded.

Research Frontiers Trading Down 1.8 %

The company’s 50 day simple moving average is $2.03 and its 200 day simple moving average is $1.71. The stock has a market capitalization of $72.40 million, a PE ratio of -43.20 and a beta of 0.20.

Hedge Funds Weigh In On Research Frontiers

Several large investors have recently added to or reduced their stakes in REFR. Wade G W & Inc. acquired a new position in Research Frontiers during the fourth quarter worth approximately $73,000. Kingsview Wealth Management LLC increased its holdings in shares of Research Frontiers by 476.8% during the 1st quarter. Kingsview Wealth Management LLC now owns 82,866 shares of the technology company’s stock worth $108,000 after buying an additional 68,500 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Research Frontiers by 8.6% in the 2nd quarter. Renaissance Technologies LLC now owns 83,800 shares of the technology company’s stock worth $154,000 after buying an additional 6,656 shares during the period. Finally, WR Wealth Planners LLC boosted its holdings in Research Frontiers by 7.0% in the second quarter. WR Wealth Planners LLC now owns 922,808 shares of the technology company’s stock valued at $1,698,000 after acquiring an additional 59,970 shares during the last quarter. 11.91% of the stock is currently owned by hedge funds and other institutional investors.

About Research Frontiers

Research Frontiers Incorporated engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.