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The closing price of Eyenovia Inc (NASDAQ: EYEN) was $0.83 for the day, up 5.68% from the previous closing price of $0.79. In other words, the price has increased by $5.68 from its previous closing price. On the day, 1.72 million shares were traded. EYEN stock price reached its highest trading level at $0.9398 during the session, while it also had its lowest trading level at $0.79.
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 0.24 and its Current Ratio is at 0.43.
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:
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 Jul 02 ’24 when Grant Stuart M. bought 1,515,151 shares for $0.66 per share. The transaction valued at 1,000,000 led to the insider holds 10,914,153 shares of the business.
Grant Stuart M. bought 100,000 shares of EYEN for $98,000 on Mar 28 ’24. The 10% Owner now owns 5,430,715 shares after completing the transaction at $0.98 per share. On Mar 19 ’24, another insider, Grant Stuart M., who serves as the 10% Owner of the company, bought 50,000 shares for $1.23 each. As a result, the insider paid 61,500 and bolstered with 5,330,715 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 53169300 and an Enterprise Value of 66530376. For the stock, the TTM Price-to-Sale (P/S) ratio is 1772.33. Its current Enterprise Value per Revenue stands at 2118.464 whereas that against EBITDA is -1.912.
Stock Price History:
Over the past 52 weeks, EYEN has reached a high of $2.57, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -10.00%, while the 200-Day Moving Average is calculated to be -33.38%.
Shares Statistics:
EYEN traded an average of 900.24K shares per day over the past three months and 1068850 shares per day over the past ten days. A total of 64.06M shares are outstanding, with a floating share count of 55.14M. Insiders hold about 13.92% of the company’s shares, while institutions hold 18.29% stake in the company. Shares short for EYEN as of 1722384000 were 2705409 with a Short Ratio of 3.01, compared to 1719532800 on 3928275. Therefore, it implies a Short% of Shares Outstanding of 2705409 and a Short% of Float of 4.8800003.
