Kopin Corporation’s (NASDAQ:KOPN) Share Price Is Still Matching Investor Opinion Despite 35% Slump
Kopin Corporation (NASDAQ:KOPN) shares have retraced a considerable 35% in the last month, reversing a fair amount of their solid recent performance. The good news is that in the last year, the stock has shone bright like a diamond, gaining 188%.
In spite of the heavy fall in price, Kopin may still be sending strong sell signals at present with a price-to-sales (or “P/S”) ratio of 9.9x, when you consider almost half of the companies in the Semiconductor industry in the United States have P/S ratios under 4.8x and even P/S lower than 2x aren’t out of the ordinary. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s so lofty.
