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

eMagin Co. (NYSEAMERICAN:EMAN) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.43. eMagin shares last traded at $0.42, with a volume of 601 shares traded.

EMAN has been the topic of several recent analyst reports. Craig Hallum lowered eMagin from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th. HC Wainwright reaffirmed a “buy” rating on shares of eMagin in a research report on Wednesday, August 14th. Finally, Zacks Investment Research lowered eMagin from a “hold” rating to a “sell” rating in a research report on Friday, August 16th.

eMagin (NYSEAMERICAN:EMAN) last issued its quarterly earnings results on Tuesday, August 13th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02). The business had revenue of $5.36 million during the quarter, compared to the consensus estimate of $7.70 million. During the same quarter in the prior year, the company earned ($0.11) 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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