For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Neogenomics Inc (NASDAQ: NEO) closed at $12.63 down -14.49% from its previous closing price of $14.77. In other words, the price has decreased by -$14.49 from its previous closing price. On the day, 3.53 million shares were traded. NEO stock price reached its highest trading level at $14.31 during the session, while it also had its lowest trading level at $12.125.
Ratios:
For a deeper understanding of Neogenomics Inc’s stock, let’s take a closer look at its various ratios. 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:
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 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 1895889280 and an Enterprise Value of 1839652864. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 2.856 whereas that against EBITDA is -4115.554.
Stock Price History:
The Beta on a monthly basis for NEO is 1.25, which has changed by -0.04648161 over the last 52 weeks, in comparison to a change of 0.22263205 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 $12.77. The 50-Day Moving Average of the stock is -23.43%, while the 200-Day Moving Average is calculated to be -16.77%.
Shares Statistics:
For the past three months, NEO has traded an average of 748.07K shares per day and 757710 over the past ten 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 97.51% stake in the company. Shares short for NEO as of 1734048000 were 3921194 with a Short Ratio of 5.16, compared to 1731628800 on 3625198. Therefore, it implies a Short% of Shares Outstanding of 3921194 and a Short% of Float of 4.24.
