Market Highlights: Eyenovia Inc (EYEN) Ends on a High Note at 1.23

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The price of Eyenovia Inc (NASDAQ: EYEN) closed at $1.23 in the last session, up 5.13% from day before closing price of $1.17. In other words, the price has increased by $5.13 from its previous closing price. On the day, 1.16 million shares were traded. EYEN stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.1799.

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 0.61 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 9.15 whereas as Long-Term Debt/Eq ratio is at 4.34.

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 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 75579200 and an Enterprise Value of 74919008. For the stock, the TTM Price-to-Sale (P/S) ratio is 7558.35 while its Price-to-Book (P/B) ratio in mrq is 32.06. Its current Enterprise Value per Revenue stands at 8532.917 whereas that against EBITDA is -2.562.

Stock Price History:

The Beta on a monthly basis for EYEN is 1.93, which has changed by -0.4581498 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. 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 57.51%, while the 200-Day Moving Average is calculated to be -3.80%.

Shares Statistics:

According to the various share statistics, EYEN traded on average about 971.13K shares per day over the past 3-months and 1128860 shares per day over the past 10 days. A total of 61.45M shares are outstanding, with a floating share count of 51.62M. Insiders hold about 15.99% of the company’s shares, while institutions hold 12.87% stake in the company. Shares short for EYEN as of 1719532800 were 3928275 with a Short Ratio of 4.05, compared to 1717113600 on 4029443. Therefore, it implies a Short% of Shares Outstanding of 3928275 and a Short% of Float of 8.2100004.

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