Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Neogenomics Inc (NASDAQ: NEO) closed at $15.18 in the last session, up 0.93% from day before closing price of $15.04. In other words, the price has increased by $0.93 from its previous closing price. On the day, 0.54 million shares were traded. NEO stock price reached its highest trading level at $15.32 during the session, while it also had its lowest trading level at $14.88.
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 1.91 and its Current Ratio is at 1.99. 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:
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 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 1948520064 and an Enterprise Value of 2166972928. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 2.14. Its current Enterprise Value per Revenue stands at 3.364 whereas that against EBITDA is -4847.814.
Stock Price History:
The Beta on a monthly basis for NEO is 1.24, which has changed by 0.02222228 over the last 52 weeks, in comparison to a change of 0.25219524 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 $12.12. The 50-Day Moving Average of the stock is -7.43%, while the 200-Day Moving Average is calculated to be 0.20%.
Shares Statistics:
According to the various share statistics, NEO traded on average about 872.71K shares per day over the past 3-months and 1217030 shares per day over the past 10 days. A total of 128.06M shares are outstanding, with a floating share count of 126.84M. Insiders hold about 1.18% of the company’s shares, while institutions hold 97.65% stake in the company. Shares short for NEO as of 1736899200 were 3551990 with a Short Ratio of 4.07, compared to 1734048000 on 3921194. Therefore, it implies a Short% of Shares Outstanding of 3551990 and a Short% of Float of 3.8399997999999997.
