AudioEye Inc (NASDAQ:AEYE): Buy, Sell Or Hold At $18.45?

In last trading session, AudioEye Inc (NASDAQ:AEYE) saw 0.4 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $18.45 trading at $1.08 or 6.22% at ring of the bell on the day assigns it a market valuation of $214.76M. That closing price of AEYE’s stock is at a premium of 5.2% from its 52-week high price of $17.49 and is indicating a premium of 79.67% from its 52-week low price of $3.75. Taking a look at company’s average trading volume volume of 145.95K if we extend that period to 3-months.

AudioEye Inc (NASDAQ:AEYE) trade information

Upright in the green during last session for gaining 6.22%, in the last five days AEYE remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $18.45 price level, adding 6.35% to its value on the day. AudioEye Inc’s shares saw a change of 240.41% in year-to-date performance and have moved 29.11% in past 5-day. AudioEye Inc (NASDAQ:AEYE) showed a performance of 87.69% in past 30-days.

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AudioEye Inc (AEYE) estimates and forecasts

Statistics highlight that AudioEye Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 319.32% of value to its shares in past 6 months, showing an annual growth rate of 281.82% while that of industry is 21.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 9.70% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 8.39M for the same. And 3 analysts are in estimates of company making revenue of 8.77M in the next quarter. Company posted 7.84M and 7.84M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.48% during past 5 years.

AEYE Dividends

AudioEye Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.