Research Frontiers (NASDAQ:REFR) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Research Frontiers Incorporated (NASDAQ:REFR) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.03 and traded as low as $1.80. Research Frontiers shares last traded at $1.82, with a volume of 28,611 shares traded.

Research Frontiers Price Performance

The stock has a 50 day simple moving average of $2.02 and a 200 day simple moving average of $2.03.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Foundations Investment Advisors LLC purchased a new stake in Research Frontiers during the 3rd quarter valued at $30,000. Renaissance Technologies LLC boosted its holdings in shares of Research Frontiers by 8.6% during the second quarter. Renaissance Technologies LLC now owns 83,800 shares of the technology company’s stock worth $154,000 after purchasing an additional 6,656 shares during the period. Kingsview Wealth Management LLC grew its stake in shares of Research Frontiers by 30.7% in the third quarter. Kingsview Wealth Management LLC now owns 193,450 shares of the technology company’s stock worth $424,000 after purchasing an additional 45,400 shares during the last quarter. Geode Capital Management LLC increased its holdings in Research Frontiers by 13.6% during the 3rd quarter. Geode Capital Management LLC now owns 297,077 shares of the technology company’s stock valued at $651,000 after purchasing an additional 35,472 shares during the period. Finally, WR Wealth Planners LLC raised its position in Research Frontiers by 7.0% during the 2nd quarter. WR Wealth Planners LLC now owns 922,808 shares of the technology company’s stock valued at $1,698,000 after purchasing an additional 59,970 shares during the last quarter. 11.91% of the stock is owned by hedge funds and other institutional investors.

Research Frontiers Company 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.