Zacks Investment Research Upgrades Research Frontiers (REFR) to Hold

Research Frontiers (NASDAQ:REFR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “RESEARCH FRONTIERS INC. is primarily engaged in the development and licensing of suspended particle technology and devices to control the transmission of light. “

Research Frontiers (NASDAQ:REFR) opened at $1.07 on Thursday. Research Frontiers has a 52 week low of $0.86 and a 52 week high of $2.15. The company has a market cap of $26.45, a PE ratio of -8.23 and a beta of 0.07.

Research Frontiers (NASDAQ:REFR) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). Research Frontiers had a negative net margin of 207.76% and a negative return on equity of 81.01%. The firm had revenue of $0.49 million during the quarter, compared to analysts’ expectations of $0.45 million. analysts predict that Research Frontiers will post -0.11 EPS for the current year.

TRADEMARK VIOLATION WARNING: This news story was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.dispatchtribunal.com/2018/01/06/zacks-investment-research-upgrades-research-frontiers-refr-to-hold.html.

About Research Frontiers

Research Frontiers Incorporated (Research Frontiers) is engaged in the development and marketing of technology and devices to control the flow of light. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, lamination services, electronics to power end-products incorporating the film, or the end-products themselves, such as smart windows, skylights and sunroofs.

Receive News & Ratings for Research Frontiers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Frontiers and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply