Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $2.67 in the prior trading day, Eyenovia Inc (NASDAQ: EYEN) closed at $2.44, down -8.61%. In other words, the price has decreased by -$8.61 from its previous closing price. On the day, 1.39 million shares were traded.
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 0.34 and its Current Ratio is at 0.34.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 100.43.
Stock Price History:
Over the past 52 weeks, EYEN has reached a high of $124.80, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is 54.69%, while the 200-Day Moving Average is calculated to be -82.63%.
Shares Statistics:
A total of 2.83M shares are outstanding, with a floating share count of 2.75M. Insiders hold about 4.69% of the company’s shares, while institutions hold 23.71% stake in the company.
