Research Frontiers (REFR) was Downgraded by Craig Hallum to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Craig Hallum advised their investors in a research report released on Aug 5, 2016.
Research Frontiers closed down -0.2 points or -5.42% at $3.49 with 50,449 shares getting traded on Thursday. Post opening the session at $3.6577, the shares hit an intraday low of $3.24 and an intraday high of $3.68 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Jan 22, 2015, Alexander Kaganowicz (director) purchased 2,000 shares at $5.05 per share price.
Research Frontiers Incorporated (Research Frontiers) 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. Research Frontiers has approximately 40 companies that in the aggregate are licensed to serve four major SPD-Smart application areas (aerospace architectural automotive and marine products). The Company’s VariGuard business unit markets and sells SPD-Smart products directly to customers for specialty uses such as the protection of artwork and light-sensitive documents in museums and private collections.