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After finishing at $3.99 in the prior trading day, Neonode Inc (NASDAQ: NEON) closed at $3.95, down -1.00%. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 1.0 million shares were traded. NEON stock price reached its highest trading level at $4.08 during the session, while it also had its lowest trading level at $3.93.
Ratios:
Our goal is to gain a better understanding of NEON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.50 and its Current Ratio is at 6.50. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
On October 18, 2024, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $16.50.
On November 11, 2020, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.Craig Hallum initiated its Buy rating on November 11, 2020, with a $12 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEON now has a Market Capitalization of 66292544 and an Enterprise Value of 53539540. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.50 while its Price-to-Book (P/B) ratio in mrq is 5.24. Its current Enterprise Value per Revenue stands at 20.553 whereas that against EBITDA is -7.753.
Stock Price History:
The Beta on a monthly basis for NEON is 0.56, which has changed by -0.59067357 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, NEON has reached a high of $29.90, while it has fallen to a 52-week low of $3.80. The 50-Day Moving Average of the stock is -78.21%, while the 200-Day Moving Average is calculated to be -69.18%.
Shares Statistics:
The stock has traded on average 2.40M shares per day over the past 3-months and 1559930 shares per day over the last 10 days, according to various share statistics. A total of 16.78M shares are outstanding, with a floating share count of 12.98M. Insiders hold about 22.63% of the company’s shares, while institutions hold 15.29% stake in the company. Shares short for NEON as of 1756425600 were 1519824 with a Short Ratio of 0.63, compared to 1753920000 on 1195116. Therefore, it implies a Short% of Shares Outstanding of 1519824 and a Short% of Float of 11.59.
Earnings Estimates
. The current rating of Neonode Inc (NEON) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.41 and -$0.41 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.38, with 1.0 analysts recommending between -$0.38 and -$0.38.
Revenue Estimates
1 analysts predict $647k in revenue for. The current quarter. It ranges from a high estimate of $647k to a low estimate of $647k. As of. The current estimate, Neonode Inc’s year-ago sales were $838kFor the next quarter, 1 analysts are estimating revenue of $677k. There is a high estimate of $677k for the next quarter, whereas the lowest estimate is $677k.
A total of 1 analysts have provided revenue estimates for NEON’s current fiscal year. The highest revenue estimate was $2.44M, while the lowest revenue estimate was $2.44M, resulting in an average revenue estimate of $2.44M. In the same quarter a year ago, actual revenue was $3.11MBased on 1 analysts’ estimates, the company’s revenue will be $3.49M in the next fiscal year. The high estimate is $3.49M and the low estimate is $3.49M.
