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Neonode Inc (NASDAQ: NEON) closed the day trading at $2.33 down -17.08% from the previous closing price of $2.81. In other words, the price has decreased by -$17.08 from its previous closing price. On the day, 0.93 million shares were traded. NEON stock price reached its highest trading level at $2.75 during the session, while it also had its lowest trading level at $2.31.
Ratios:
For a better understanding of NEON, let’s 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 39104208 and an Enterprise Value of 34407012. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.04 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 13.208 whereas that against EBITDA is -4.982.
Stock Price History:
The Beta on a monthly basis for NEON is 0.68, which has changed by -0.5722983 over the last 52 weeks, in comparison to a change of 0.13355756 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 $2.73. The 50-Day Moving Average of the stock is -54.99%, while the 200-Day Moving Average is calculated to be -80.72%.
Shares Statistics:
Over the past 3-months, NEON traded about 2.45M shares per day on average, while over the past 10 days, NEON traded about 296570 shares per day. A total of 16.78M shares are outstanding, with a floating share count of 13.06M. Insiders hold about 22.20% of the company’s shares, while institutions hold 15.18% stake in the company. Shares short for NEON as of 1760486400 were 1024867 with a Short Ratio of 0.42, compared to 1757894400 on 1264634. Therefore, it implies a Short% of Shares Outstanding of 1024867 and a Short% of Float of 7.8200005.
Earnings Estimates
The stock of Neonode Inc (NEON) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.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.
