16,435 Shares in Research Frontiers Incorporated (NASDAQ:REFR) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Research Frontiers Incorporated (NASDAQ:REFR) during the fourth quarter, HoldingsChannel reports. The firm purchased 16,435 shares of the technology company’s stock, valued at approximately $28,000.

Separately, Renaissance Technologies LLC raised its position in shares of Research Frontiers by 34.2% in the fourth quarter. Renaissance Technologies LLC now owns 98,069 shares of the technology company’s stock valued at $168,000 after purchasing an additional 24,969 shares during the period. Institutional investors own 11.91% of the company’s stock.

Research Frontiers Price Performance

Shares of REFR stock opened at $1.64 on Thursday. Research Frontiers Incorporated has a 12-month low of $0.93 and a 12-month high of $2.41. The company has a market capitalization of $54.97 million, a PE ratio of -54.67 and a beta of -0.09. The firm has a 50 day moving average price of $1.16 and a two-hundred day moving average price of $1.52.

Research Frontiers (NASDAQ:REFR) last released its earnings results on Thursday, March 6th. The technology company reported ($0.02) earnings per share for the quarter. Research Frontiers had a negative net margin of 80.60% and a negative return on equity of 38.15%. The company had revenue of $0.18 million for the quarter.

Research Frontiers Profile

Research Frontiers Incorporated engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs.