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The price of Neogenomics Inc. (NASDAQ: NEO) closed at $13.78 in the last session, down -1.15% from day before closing price of $13.94. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 1.24 million shares were traded. NEO stock price reached its highest trading level at $13.895 during the session, while it also had its lowest trading level at $13.491.
Ratios:
We take a closer look at NEO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.66 whereas as Long-Term Debt/Eq ratio is at 0.44.
On December 29, 2023, BTIG Research reiterated its Buy rating and also upped its target price recommendation from $25 to $21.
Stephens Upgraded its Equal-Weight to Overweight on August 21, 2023, while the target price for the stock was maintained at $18.
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 Aug 15 ’24 when Olivo Alicia C sold 1,040 shares for $16.05 per share. The transaction valued at 16,695 led to the insider holds 43,813 shares of the business.
ALICIA OLIVO bought 1,040 shares of NEO for $16,453 on Aug 15 ’24. On Aug 15 ’24, another insider, BRUCE K CROWTHER, who serves as the Officer of the company, bought 8,353 shares for $15.95 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEO now has a Market Capitalization of 1766017152 and an Enterprise Value of 1984682368. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 3.159 whereas that against EBITDA is -139.403.
Stock Price History:
The Beta on a monthly basis for NEO is 1.18, which has changed by 0.081632614 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, NEO has reached a high of $21.22, while it has fallen to a 52-week low of $11.65. The 50-Day Moving Average of the stock is -13.60%, while the 200-Day Moving Average is calculated to be -9.56%.
Shares Statistics:
According to the various share statistics, NEO traded on average about 752.40K shares per day over the past 3-months and 874220 shares per day over the past 10 days. A total of 127.37M shares are outstanding, with a floating share count of 126.50M. Insiders hold about 1.29% of the company’s shares, while institutions hold 98.94% stake in the company. Shares short for NEO as of 1726185600 were 5178528 with a Short Ratio of 6.88, compared to 1723680000 on 5015743. Therefore, it implies a Short% of Shares Outstanding of 5178528 and a Short% of Float of 5.609999999999999.
