Mizuho Securities Usa Exits Position in UniPixel Inc (UNXL)

UniPixel Inc (UNXL) : Mizuho Securities Usa has sold out all of its stake in UniPixel Inc during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 72,500 shares of UniPixel Inc which is valued at $158,775.

UniPixel Inc opened for trading at $2.56 and hit $2.64 on the upside on Wednesday, eventually ending the session at $2.48, with a gain of 10.22% or 0.23 points. The heightened volatility saw the trading volume jump to 45,69,097 shares. Company has a market cap of $91 M.

On the company’s financial health, UniPixel Inc reported $-0.47 EPS for the quarter, missing the analyst consensus estimate by $ -0.19 based on the information available during the earnings call on Mar 3, 2016. Analyst had a consensus of $-0.28.Analysts expectations of $ 2.35.During the same quarter in the previous year, the company posted $-0.63 EPS.

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.

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