eMagin Corporation Shares Close the Day 10.3% Lower - Daily Wrap

The company saw its shares close the day 10.3% lower than yesterday, with trading volume lower than its 30 day average.

Mar 12, 2021 by Kwhen Finance Editors

eMagin Corporation Shares Close the Day 10.3% Lower - Daily Wrap
eMagin Corporation shares closed today 10.3% lower than it did at the end of yesterday. The stock is currently up 136.4% year-to-date, up 1850.0% over the past 12 months, and up 97.0% over the past five years. Today, the Dow Jones Industrial Average fell 0.4%, and the S&P 500 fell 0.1%.

Trading Activity

  • Shares traded as high as $4.69 and as low as $3.86 this week.
  • Shares closed 3e+1% below its 52-week high and 3e+3% above its 52-week low.
  • Trading volume this week was 19.9% lower than the 10-day average and 53.4% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $-2,108,500 in earnings before interest and taxes from $29 million in revenue. It currently holds $10 million in cash and $10 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is higher than its current P/E ratio of -33.16, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 5.56. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 1.84 which means it currently has $1.84 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 12.96. This means that the stock is trading at a premium of 13 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 8.89.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 8.62.

P/E

-33.16

EBITDA

$-2,108,500

P/Book

12.96

Mkt Cap

$263M

P/Sales

8.89

Revenue

$29M

EPS (TTM)

-0.15

PEG Ratio

5.56

EV/Revenue

8.62

Total Cash

$10M

Debt/Equity

1.84

Forward P/E

0.00

Current Debt

$10M

Gross Profit

$7M

Dividend Date

-

Earnings Date

2021-03-11

Profit Margin

-0.27

Revenue/Share

0.43

Total Revenue

$29M

Enterprise Val

$250M

Put/Call Ratio

0.08

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price lags the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Information Technology industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
eMagin Corporation-10.3136.41850.0-19.73007.1
Dow Jones Industrial Average-0.48.245.2-0.184.4
S&P 500 Index-0.16.049.90.184.2
Information Technology0.93.067.6-5.8102.7

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 105.3%
  • The company's stock price performance over the past 12 months lags the peer average by -2.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
eMagin CorporationEMAN-33.2136.41850.0-19.73007.1
Peer AvgN/A-15.566.41897.9-1.553.8
QUALCOMM IncorporatedQCOM22.2-13.277.5
Honeywell International Inc.HON30.80.060.1-0.3118.8
Universal Display CorporationOLED81.3-0.592.1
LG Display Co. Ltd Sponsored ADRLPL-3.515.8115.2-11.3174.7
MicroVision Inc.MVIS-198.4212.810020.3
Super Micro Computer Inc.SMCI017.3113.7-0.3137.3
Kopin CorporationKOPN-205.5308.64628.6
Intevac Inc.IVAC149.0-9.475.5

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