Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Neogenomics Inc (NASDAQ: NEO) closed the day trading at $6.58 down -34.00% from the previous closing price of $9.97. In other words, the price has decreased by -$34.00 from its previous closing price. On the day, 13.07 million shares were traded.
Ratios:
For a better understanding of NEO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 0.93.
Stock Price History:
Over the past 52 weeks, NEO has reached a high of $19.11, while it has fallen to a 52-week low of $8.05. The 50-Day Moving Average of the stock is -33.13%, while the 200-Day Moving Average is calculated to be -53.33%.
Shares Statistics:
A total of 128.15M shares are outstanding, with a floating share count of 127.12M. Insiders hold about 1.20% of the company’s shares, while institutions hold 101.32% stake in the company.
