Weakness Seen in Research Frontiers (REFR): Stock Tanks 9.5% - Tale of the Tape

Research Frontiers Inc. REFR saw a big move last session, as the company's shares fell by over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $5.39–$6.14 in the past one-month time frame, showed a sharp decline yesterday at $5.44.

This slump shouldn't be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year loss consensus has widened over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

REFR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the Computer and Technology sector include Universal Electronics Inc. UEIC, Garmin Ltd. GRMN and GigOptix, Inc. GIG. While Universal Electronics carry a Zacks Rank #1 (Strong Buy), Garmin and GigOptix holds a Zacks Rank #2 (Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
RESEARCH FRNTRS REFR: Get Free Report
 
UNIVL ELECTRS UEIC: Free Stock Analysis Report
 
GARMIN LTD GRMN: Free Stock Analysis Report
 
GIGOPTIX INC GIG: Free Stock Analysis Report
 
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