Gaining Ground: Eyenovia Inc (EYEN) Closes Lower at 0.81, Down -6.86

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The price of Eyenovia Inc (NASDAQ: EYEN) closed at $0.81 in the last session, down -6.86% from day before closing price of $0.87. In other words, the price has decreased by -$6.86 from its previous closing price. On the day, 0.72 million shares were traded. EYEN stock price reached its highest trading level at $0.9001 during the session, while it also had its lowest trading level at $0.78.

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 1.71 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.14.

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 28 ’24 when Grant Stuart M. bought 100,000 shares for $0.98 per share. The transaction valued at 98,000 led to the insider holds 5,430,715 shares of the business.

Grant Stuart M. bought 50,000 shares of EYEN for $61,500 on Mar 19 ’24. The 10% Owner now owns 5,330,715 shares after completing the transaction at $1.23 per share. On Mar 08 ’24, another insider, Grant Stuart M., who serves as the 10% Owner of the company, bought 10,717 shares for $1.58 each. As a result, the insider paid 16,911 and bolstered with 5,280,715 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 41500116 and an Enterprise Value of 39822952. Its current Enterprise Value per Revenue stands at 10515.699 whereas that against EBITDA is -1.617.

Stock Price History:

Over the past 52 weeks, EYEN has reached a high of $4.88, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is -28.71%, while the 200-Day Moving Average is calculated to be -47.46%.

Shares Statistics:

According to the various share statistics, EYEN traded on average about 1.39M shares per day over the past 3-months and 1662290 shares per day over the past 10 days. A total of 45.55M shares are outstanding, with a floating share count of 42.05M. Insiders hold about 17.48% of the company’s shares, while institutions hold 24.49% stake in the company. Shares short for EYEN as of 1713139200 were 5378889 with a Short Ratio of 3.86, compared to 1710460800 on 3570878. Therefore, it implies a Short% of Shares Outstanding of 5378889 and a Short% of Float of 13.059999999999999.

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