For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $0.10 in the prior trading day, Eyenovia Inc (NASDAQ: EYEN) closed at $0.09, down -10.42%. In other words, the price has decreased by -$10.42 from its previous closing price. On the day, 17.14 million shares were traded. EYEN stock price reached its highest trading level at $0.0951 during the session, while it also had its lowest trading level at $0.081.
Ratios:
Our goal is to gain a better understanding of EYEN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 3.51 whereas as Long-Term Debt/Eq ratio is at 0.80.
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 the company, H.C. Wainwright on November 18, 2024, Downgraded its rating to Neutral and sets its target price to $2 from $12 previously.
On March 01, 2021, Northland Capital started tracking the stock assigning a Outperform rating and target price of $10.
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 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 9582550 and an Enterprise Value of 39465260. For the stock, the TTM Price-to-Sale (P/S) ratio is 319.51 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 1256.655 whereas that against EBITDA is -1.134.
Stock Price History:
The Beta on a monthly basis for EYEN is 1.36, which has changed by -0.9380645 over the last 52 weeks, in comparison to a change of 0.23147523 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 $0.08. The 50-Day Moving Average of the stock is -52.92%, while the 200-Day Moving Average is calculated to be -85.46%.
Shares Statistics:
The stock has traded on average 21.87M shares per day over the past 3-months and 78715880 shares per day over the last 10 days, according to various share statistics. A total of 111.42M shares are outstanding, with a floating share count of 109.29M. Insiders hold about 1.92% of the company’s shares, while institutions hold 11.96% stake in the company. Shares short for EYEN as of 1730332800 were 2135421 with a Short Ratio of 0.21, compared to 1727654400 on 3286427. Therefore, it implies a Short% of Shares Outstanding of 2135421 and a Short% of Float of 2.6800001.
