The price of Eyenovia Inc (NASDAQ: EYEN) closed at $1.59 in the last session, down -1.24% from day before closing price of $1.61. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 692350 shares were traded.
Ratios:
We take a closer look at EYEN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.49 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.79.
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 this company, Northland Capital on March 01, 2021, initiated with a Outperform rating and assigned the stock a target price of $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when Grant Stuart M. bought 10,717 shares for $1.58 per share. The transaction valued at 16,911 led to the insider holds 5,280,715 shares of the business.
Rowe Michael M bought 4,890 shares of EYEN for $6,650 on Dec 04 ’23. The Chief Executive Officer now owns 32,927 shares after completing the transaction at $1.36 per share. On Sep 29 ’23, another insider, Strahlman Ellen R, who serves as the Director of the company, bought 4,820 shares for $1.68 each. As a result, the insider paid 8,098 and bolstered with 75,113 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 69.71M and an Enterprise Value of 65.00M. Its current Enterprise Value per Revenue stands at 54.26k whereas that against EBITDA is -2.92.
Stock Price History:
Over the past 52 weeks, EYEN has reached a high of $5.85, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 1.7896, while the 200-Day Moving Average is calculated to be 1.8546.
Shares Statistics:
According to the various share statistics, EYEN traded on average about 728.58K shares per day over the past 3-months and 1.4M shares per day over the past 10 days. A total of 36.67M shares are outstanding, with a floating share count of 35.99M. Insiders hold about 18.44% of the company’s shares, while institutions hold 25.89% stake in the company. Shares short for EYEN as of Feb 29, 2024 were 2.89M with a Short Ratio of 3.97, compared to 1.98M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.55% and a Short% of Float of 7.62%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.15 and a low estimate of -$0.22, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.18 and low estimates of -$0.38.
Analysts are recommending an EPS of between -$0.66 and -$0.72 for the fiscal current year, implying an average EPS of -$0.68. EPS for the following year is -$0.91, with 4 analysts recommending between -$0.65 and -$1.47.
Revenue Estimates
Based on 4 analysts’ estimates, the company’s revenue will be $2.93M in the next fiscal year. The high estimate is $4.16M and the low estimate is $1.87M. The average revenue growth estimate for next year is up 581.40% from the average revenue estimate for this year.
