Boston, MA 05/20/2013 (wallstreetpr) – Friday’s trading session saw UniPixel Inc (NASDAQ:UNXL) climb down by 26.00%. It opened at a price of $37.44 which was also the intraday high, before heading down to close at $26.80 per share. In excess of 7.09 million shares exchanged hands in the previous trading session. This figure stood above the average volume of 1.26 million that was measured over a 30-day period.
Over the past 3 weeks the UNXL stock has been consolidating and the company has huge potential. The niche that UniPixel Inc (NASDAQ:UNXL) operates in is a very interesting one and there are definitely some new highs in store. The last earnings report indicated that UNXL can break the barrier and begin producing big rewards to its investors. The quarterly revenues totaled $5.1m, which was a record of sorts. This was primarily attributed to an engineering payment. As of 31 March 2013, UniPixel Inc (NASDAQ:UNXL) has close to $60m in cash and a $0 debt. The company’s progress has also been noted. UNXL is involved in qualifying its global touch module supply chain for ODM’s and OEMs. The company also signed its PC licensee which was a huge milestone.
UniPixel Inc (NASDAQ:UNXL) is a production-stage company. It delivers the Performance Engineered Film (PEF) to the touch screen, display as well as the flexible electronics markets. It has developed a thin film high-volume continuous flow or roll to roll manufacturing process. It is focused on selling its films as sub-components that are used in LCD’s or liquid crystal displays as an active film and back-light film sub-component.
