How Will Eyenovia Inc (NASDAQ: EYEN) Perform In The Next Few Months?

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Eyenovia Inc (NASDAQ:EYEN) has a beta value of 1.71 and has seen 0.71 million shares traded in the recent trading session. The company, currently valued at $40.22M, closed the recent trade at $0.79 per share which meant it gained $0.08 on the day or 10.82% during that session. The EYEN stock price is -640.51% off its 52-week high price of $5.85 and 36.71% above the 52-week low of $0.50. The 3-month trading volume is 1.27 million shares.

Eyenovia Inc (NASDAQ:EYEN) trade information

Sporting 10.82% in the green today, the stock has traded in the green over the last five days, when the EYEN stock price touched $0.79 or saw a rise of 3.36%. Year-to-date, Eyenovia Inc shares have moved -62.06%, while the 5-day performance has seen it change 45.46%. Over the past 30 days, the shares of Eyenovia Inc (NASDAQ:EYEN) have changed -19.75%.

Eyenovia Inc (EYEN) estimates and forecasts

Figures show that Eyenovia Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -26.92% over the past 6 months, with this year growth rate of -34.85%, compared to 12.60% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -13.30% and -12.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 130,650.00%.

3 analysts offering their estimates for the company have set an average revenue estimate of $820k for the current quarter. 3 have an estimated revenue figure of $950k for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.26% over the past 5 years.

EYEN Dividends

Eyenovia Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.