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The price of Eyenovia Inc (NASDAQ: EYEN) closed at $0.50 in the last session, up 6.93% from day before closing price of $0.46. In other words, the price has increased by $6.93 from its previous closing price. On the day, 1.35 million shares were traded. EYEN stock price reached its highest trading level at $0.51 during the session, while it also had its lowest trading level at $0.44.
Ratios:
We take a closer look at EYEN’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 38077844 and an Enterprise Value of 45076868. For the stock, the TTM Price-to-Sale (P/S) ratio is 1269.27. Its current Enterprise Value per Revenue stands at 1435.341 whereas that against EBITDA is -1.295.
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 -36.83%, while the 200-Day Moving Average is calculated to be -56.09%.
Shares Statistics:
According to the various share statistics, EYEN traded on average about 1.78M shares per day over the past 3-months and 970010 shares per day over the past 10 days. A total of 76.91M shares are outstanding, with a floating share count of 68.28M. Insiders hold about 11.22% of the company’s shares, while institutions hold 15.24% stake in the company. Shares short for EYEN as of 1726185600 were 3308862 with a Short Ratio of 1.85, compared to 1723680000 on 3030063. Therefore, it implies a Short% of Shares Outstanding of 3308862 and a Short% of Float of 4.67.
