Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Neogenomics Inc (NASDAQ: NEO) closed the day trading at $16.49 up 0.06% from the previous closing price of $16.48. In other words, the price has increased by $0.06 from its previous closing price. On the day, 0.63 million shares were traded. NEO stock price reached its highest trading level at $16.94 during the session, while it also had its lowest trading level at $16.32.
Ratios:
For a better understanding of NEO, let’s look at its different 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.
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, Jefferies on December 10, 2024, initiated with a Buy rating and assigned the stock a target price of $22.
BTIG Research reiterated its Buy rating for the stock on December 29, 2023, while the target price for the stock was revised from $25 to $21.
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 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 2116672896 and an Enterprise Value of 2335125760. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 3.625 whereas that against EBITDA is -5223.995.
Stock Price History:
Over the past 52 weeks, NEO has reached a high of $19.00, while it has fallen to a 52-week low of $12.77. The 50-Day Moving Average of the stock is 2.41%, while the 200-Day Moving Average is calculated to be 8.96%.
Shares Statistics:
Over the past 3-months, NEO traded about 758.10K shares per day on average, while over the past 10 days, NEO traded about 830340 shares per day. A total of 128.06M shares are outstanding, with a floating share count of 126.84M. Insiders hold about 1.19% 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 5.17, compared to 1731628800 on 3625198. Therefore, it implies a Short% of Shares Outstanding of 3921194 and a Short% of Float of 4.24.
