In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Eyenovia Inc (NASDAQ: EYEN) was $9.02 for the day, up 64.60% from the previous closing price of $5.48. In other words, the price has increased by $64.60% from its previous closing price. On the day, 41.72 million shares were traded. EYEN stock price reached its highest trading level at $10.75 during the session, while it also had its lowest trading level at $5.6.
Ratios:
Our analysis of EYEN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, H.C. Wainwright on November 18, 2024, Downgraded its rating to Neutral and sets its target price to $2 from $12 previously.
On March 01, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $10.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 28 ’24 when Rowe Michael M bought 27,071 shares for $0.52 per share. The transaction valued at 14,077 led to the insider holds 109,998 shares of the business.
Rowe Michael M bought 50,000 shares of EYEN for $28,500 on Aug 26 ’24. The Chief Executive Officer now owns 82,927 shares after completing the transaction at $0.57 per share. On Jul 02 ’24, another insider, Grant Stuart M., who serves as the 10% Owner of the company, bought 1,515,151 shares for $0.66 each. As a result, the insider paid 1,000,000 and bolstered with 10,914,153 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EYEN now has a Market Capitalization of 26002948 and an Enterprise Value of 33214468. For the stock, the TTM Price-to-Sale (P/S) ratio is 371.52. Its current Enterprise Value per Revenue stands at 495.273 whereas that against EBITDA is -1.14.
Stock Price History:
The Beta on a monthly basis for EYEN is 1.13, which has changed by -0.82103175 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, EYEN has reached a high of $124.80, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 323.51%, while the 200-Day Moving Average is calculated to be -30.19%.
Shares Statistics:
EYEN traded an average of 3.28M shares per day over the past three months and 10016030 shares per day over the past ten days. A total of 2.83M shares are outstanding, with a floating share count of 2.82M. Insiders hold about 2.26% of the company’s shares, while institutions hold 23.71% stake in the company. Shares short for EYEN as of 1748563200 were 166697 with a Short Ratio of 0.05, compared to 1745971200 on 80092. Therefore, it implies a Short% of Shares Outstanding of 166697 and a Short% of Float of 5.81.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0