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The closing price of Neonode Inc (NASDAQ: NEON) was $26.4 for the day, down -4.38% from the previous closing price of $27.61. In other words, the price has decreased by -$4.38 from its previous closing price. On the day, 0.55 million shares were traded. NEON stock price reached its highest trading level at $27.96 during the session, while it also had its lowest trading level at $25.0432.
Ratios:
Our analysis of NEON’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.67 and its Current Ratio is at 7.67. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Ladenburg Thalmann on October 18, 2024, initiated with a Buy rating and assigned the stock a target price of $16.50.
On November 11, 2020, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.
Berenberg Downgraded its Buy to Hold on January 28, 2020, while the target price for the stock was maintained at $1.50.
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 443068544 and an Enterprise Value of 413516512. For the stock, the TTM Price-to-Sale (P/S) ratio is 129.17 while its Price-to-Book (P/B) ratio in mrq is 30.40. Its current Enterprise Value per Revenue stands at 147.316 whereas that against EBITDA is -62.787.
Stock Price History:
The Beta on a monthly basis for NEON is 0.79, which has changed by 9.954357 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, NEON has reached a high of $28.08, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is 81.61%, while the 200-Day Moving Average is calculated to be 167.55%.
Shares Statistics:
NEON traded an average of 308.18K shares per day over the past three months and 605020 shares per day over the past ten days. 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 16.66% stake in the company. Shares short for NEON as of 1749772800 were 846539 with a Short Ratio of 2.75, compared to 1747267200 on 852084. Therefore, it implies a Short% of Shares Outstanding of 846539 and a Short% of Float of 6.460000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
