UniPixel Inc (NASDAQ:UNXL) Is Downgraded By Zacks
Zacks downgraded UniPixel Inc (NASDAQ:UNXL) shares from a “neutral” to an “underperform” rating on Wednesday and currently have a PT of $17.10 on the stock.
Other analysts have also weighed on UniPixel Inc (NASDAQ:UNXL) stock. Cowen and Company analysts reiterated their “outperform” rating on 27 August. Once investment-analyst has assigned a “sell” rating while 4 analysts have assigned a “buy” rating on UniPixel Inc (NASDAQ:UNXL) stock. Currently, the average rating on the company is a “buy” and the average PT is $52.42.
In separate UniPixel Inc (NASDAQ:UNXL) news, Jeffrey Tomz, the company’s Chief Executive officer offloaded 11,000 shares of UniPixel stock in a transaction that was dated 2 October. The SEC filing disclosed that these shares were sold-off at an average-price of $20.00 and the total value of the transaction was $220,000.00.
In Friday’s trading, UniPixel Inc (NASDAQ:UNXL) rose by 3.81%. The opening price of the shares was $17.53, which climbed to an intraday high of $18.72 and dipped to a close of $18.24. Approximately 0.925 million shares were traded on Friday while an average volume of 1.32 million shares were traded over a 30 day period. The 52-week low of UniPixel Inc (NASDAQ:UNXL) shares is $5.27 and its 52-week high is $41.42. The company has a market capitalization of $219.56 million.
About the company
UniPixel Inc (NASDAQ:UNXL) is a production stage company that delivers its Performance Engineered Film to the display, touch-screen as well as the flexible electronics markets. UniPixel Inc (NASDAQ:UNXL) has developed thin-film high volume roll to the roll or continuous-flow manufacturing process.
UniPixel Inc (NASDAQ:UNXL) sells its films as sub components that are used in LCD as a back-light film and an active film sub component. The company is shipping its Diamond Guard Finger Print-Resistant and Hard-Coat or Anti-Scratch protective cover films that are used in various touch enabled devices.