eMagin (NYSEAMERICAN:EMAN) Stock Crosses Above 200-Day Moving Average of $0.00

eMagin Co. (NYSEAMERICAN:EMAN)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.44. eMagin shares last traded at $0.44, with a volume of 100 shares changing hands.

Several research analysts have recently commented on the stock. HC Wainwright set a $2.00 target price on shares of eMagin and gave the stock a “buy” rating in a report on Monday, April 22nd. Zacks Investment Research raised shares of eMagin from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th.

eMagin (NYSEAMERICAN:EMAN) last issued its quarterly earnings results on Thursday, May 9th. The semiconductor company reported ($0.03) EPS for the quarter, hitting analysts’ consensus estimates of ($0.03). The business had revenue of $6.11 million for the quarter, compared to analyst estimates of $6.30 million. During the same quarter last year, the firm posted ($0.05) 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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