Neonode Inc. (NEON) concluded trading on Wednesday at a closing price of $11.73, with 3.29 million shares of worth about $38.62 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 845.97% during that period and on September 18, 2024 the price saw a loss of about -1.59%. Currently the company’s common shares owned by public are about 15.36M shares, out of which, 11.67M shares are available for trading.
Stock saw a price change of 62.24% in past 5 days and over the past one month there was a price change of 358.20%. Year-to-date (YTD), NEON shares are showing a performance of 412.23% which increased to 578.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.02 but also hit the highest price of $11.94 during that period. The average intraday trading volume for Neonode Inc. shares is 590.72K. The stock is currently trading 72.39% above its 20-day simple moving average (SMA20), while that difference is up 170.41% for SMA50 and it goes to 367.21% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Neonode Inc. (NASDAQ: NEON) currently have 15.36M outstanding shares and institutions hold larger chunk of about 15.03% of that.
The stock has a current market capitalization of $181.46M and its 3Y-monthly beta is at 1.84. It has posted earnings per share of -$0.71 in the same period. It has Quick Ratio of 7.95 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NEON, volatility over the week remained 21.22% while standing at 18.29% over the month.
EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of -4.91% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Craig Hallum on November 11, 2020 offering a Buy rating for the stock and assigned a target price of $12 to it. Coverage by Berenberg stated Neonode Inc. (NEON) stock as a Hold in their note to investors on January 28, 2020, suggesting a price target of $1.50 for the stock. On August 07, 2015, Ascendiant Capital Markets Reiterated their recommendations, while on August 07, 2014, Ascendiant Capital Markets Reiterated their ratings for the stock with a price target of $7. Stock get a Buy rating from Cantor Fitzgerald on June 08, 2012.
