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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.49 million shares were traded. NEO stock price reached its highest trading level at $16.07 during the session, while it also had its lowest trading level at $15.76.
Ratios:
For a better understanding of NEO, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2024896384 and an Enterprise Value of 2243561728. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.22 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 3.571 whereas that against EBITDA is -157.587.
Stock Price History:
Over the past 52 weeks, NEO has reached a high of $21.22, while it has fallen to a 52-week low of $11.03. The 50-Day Moving Average of the stock is -1.50%, while the 200-Day Moving Average is calculated to be 2.42%.
Shares Statistics:
Over the past 3-months, NEO traded about 736.37K shares per day on average, while over the past 10 days, NEO traded about 791660 shares per day. A total of 127.37M shares are outstanding, with a floating share count of 126.47M. Insiders hold about 1.31% of the company’s shares, while institutions hold 98.89% stake in the company. Shares short for NEO as of 1724976000 were 5136809 with a Short Ratio of 6.98, compared to 1722384000 on 4878481. Therefore, it implies a Short% of Shares Outstanding of 5136809 and a Short% of Float of 5.57.
