Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Neogenomics Inc (NASDAQ: NEO) was $9.49 for the day, down -1.35% from the previous closing price of $9.62. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 1.19 million shares were traded. NEO stock price reached its highest trading level at $9.575 during the session, while it also had its lowest trading level at $9.0.
Ratios:
Our analysis of NEO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 1.98. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.44.
On December 10, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $22.
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 Nov 15 ’24 when Olivo Alicia C sold 5,175 shares for $15.36 per share. The transaction valued at 79,475 led to the insider holds 37,129 shares of the business.
ALICIA OLIVO bought 5,175 shares of NEO for $81,713 on Nov 15 ’24. On Aug 15 ’24, another insider, Olivo Alicia C, who serves as the General Counsel of the company, sold 1,040 shares for $16.05 each. As a result, the insider received 16,695 and left with 43,813 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, NEO now has a Market Capitalization of 1235797248 and an Enterprise Value of 1437588480. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 1.35. Its current Enterprise Value per Revenue stands at 2.176 whereas that against EBITDA is 1687.31.
Stock Price History:
The Beta on a monthly basis for NEO is 1.39, which has changed by -0.35921675 over the last 52 weeks, in comparison to a change of 0.077997446 over the same period for the S&P500. Over the past 52 weeks, NEO has reached a high of $19.11, while it has fallen to a 52-week low of $8.98. The 50-Day Moving Average of the stock is -19.73%, while the 200-Day Moving Average is calculated to be -34.65%.
Shares Statistics:
NEO traded an average of 1.28M shares per day over the past three months and 1513880 shares per day over the past ten days. A total of 128.15M shares are outstanding, with a floating share count of 126.92M. Insiders hold about 1.20% of the company’s shares, while institutions hold 101.38% stake in the company. Shares short for NEO as of 1741910400 were 4224233 with a Short Ratio of 3.30, compared to 1739491200 on 3434219. Therefore, it implies a Short% of Shares Outstanding of 4224233 and a Short% of Float of 4.5600000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
