UniPixel Inc (UNXL) is Initiated by The Benchmark Company to Speculative Buy, Price Target at $2.40

UniPixel Inc (UNXL) was Initiated by The Benchmark Company to “Speculative Buy” and the brokerage firm has set the Price Target at $2.40. The Benchmark Company advised their investors in a research report released on Aug 23, 2016.

On the company’s financial health, UniPixel Inc reported $-0.16 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Aug 11, 2016. Analyst had a consensus of $-0.13. The company had revenue of $.96 million for the quarter, compared to analysts expectations of $.97 million. The company’s revenue was down -29.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.52 EPS.

UniPixel Inc closed down -0.04 points or -2.63% at $1.48 with 4,02,115 shares getting traded on Friday. Post opening the session at $1.51, the shares hit an intraday low of $1.39 and an intraday high of $1.51 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jun 1, 2016, Ross Adam Young (director) purchased 4,000 shares at $1.71 per share price. According to the SEC, on Nov 30, 2015, Anthony J Levecchio (director) purchased 29,400 shares at $0.85 per share price. On Aug 21, 2015, Russell Christine (CFO) purchased 10,000 shares at $0.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Uni-Pixel Inc. is a pre-production stage company. The Company is engaged in developing its Performance Engineered Film (PEF) products for the display touch screen and flexible electronics market segments. The Company is engaged in the development of products and prototypes to demonstrate the functionality of the PEF technology across multiple applications and markets in a range of implementations. Its PEF production process operates as Copperhead and has rebranded the touch sensors made with the Copperhead process as InTouch sensors. It is also engaged in developing a hard coat resin that can be applied using film spray or inkjet coating methods for applications as protective cover films a cover lens replacement or a conformal hard coat for plastic components. Its technologies can be applied to a range of functional uses in films for display products. The Company’s Diamond Guard Anti-Scratch protective cover film product can be used to protect touch screen devices.

UniPixel Inc

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