Market Update: Eyenovia Inc (EYEN) Sees Negative Movement, Closing at 0.50

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In the latest session, Eyenovia Inc (NASDAQ: EYEN) closed at $0.50 down -1.50% from its previous closing price of $0.51. In other words, the price has decreased by -$1.50 from its previous closing price. On the day, 0.65 million shares were traded. EYEN stock price reached its highest trading level at $0.52 during the session, while it also had its lowest trading level at $0.4886.

Ratios:

For a deeper understanding of Eyenovia Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.43.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 28 ’24 when Rowe Michael M bought 27,071 shares for $0.52 per share. The transaction valued at 14,077 led to the insider holds 109,998 shares of the business.

Rowe Michael M bought 50,000 shares of EYEN for $28,500 on Aug 26 ’24. The Chief Executive Officer now owns 82,927 shares after completing the transaction at $0.57 per share. On Jul 02 ’24, another insider, Grant Stuart M., who serves as the 10% Owner of the company, bought 1,515,151 shares for $0.66 each. As a result, the insider paid 1,000,000 and bolstered with 10,914,153 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 43470280 and an Enterprise Value of 45403572. For the stock, the TTM Price-to-Sale (P/S) ratio is 1426.33. Its current Enterprise Value per Revenue stands at 1445.743 whereas that against EBITDA is -1.305.

Stock Price History:

Over the past 52 weeks, EYEN has reached a high of $2.57, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -1.68%, while the 200-Day Moving Average is calculated to be -46.76%.

Shares Statistics:

For the past three months, EYEN has traded an average of 1.60M shares per day and 765080 over the past ten days. A total of 85.54M shares are outstanding, with a floating share count of 75.94M. Insiders hold about 11.22% of the company’s shares, while institutions hold 13.84% stake in the company. Shares short for EYEN as of 1728950400 were 2288556 with a Short Ratio of 1.43, compared to 1726185600 on 3308862. Therefore, it implies a Short% of Shares Outstanding of 2288556 and a Short% of Float of 2.8800000999999997.

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