Eyenovia Inc (NASDAQ: EYEN) Rose 41.86% From Its 52-Week Low, But YTD Numbers Fell -58.65%. Here’s What You Need To Know At This Time

During the last session, Eyenovia Inc (NASDAQ:EYEN)’s traded shares were 0.54 million, with the beta value of the company hitting 1.85. At the end of the trading day, the stock’s price was $0.86, reflecting an intraday loss of -2.49% or -$0.02. The 52-week high for the EYEN share is $2.57, that puts it down -198.84 from that peak though still a striking 41.86% gain since the share price plummeted to a 52-week low of $0.50. The company’s market capitalization is $52.85M, and the average intraday trading volume over the past 10 days was 1.23 million shares, and the average trade volume was 939.84K shares over the past three months.

Eyenovia Inc (NASDAQ:EYEN) trade information

Eyenovia Inc (EYEN) registered a -2.49% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.49% in intraday trading to $0.86, hitting a weekly high. The stock’s 5-day price performance is -19.63%, and it has moved by -13.74% in 30 days. Based on these gigs, the overall price performance for the year is -58.05%. The short interest in Eyenovia Inc (NASDAQ:EYEN) is 2.89 million shares and it means that shorts have 2.79 day(s) to cover.

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Eyenovia Inc (EYEN) estimates and forecasts

Statistics show that Eyenovia Inc has underperformed its competitors in share price, compared to the industry in which it operates. Eyenovia Inc (EYEN) shares have gone down -51.55% during the last six months, with a year-to-date growth rate less than the industry average at -15.15% against 16.60. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 6.30% this quarter and then jump 16.70% in the quarter after that. In the rating firms’ projections, revenue will increase 99,650.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 920k as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 1.26M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 18.26%. While earnings are projected to return -2.53% in 2024.

EYEN Dividends

Eyenovia Inc is due to release its next quarterly earnings 2024-Aug-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Eyenovia Inc (NASDAQ:EYEN)’s Major holders

Eyenovia Inc insiders own 15.74% of total outstanding shares while institutional holders control 12.84%, with the float percentage being 15.24%. VANGUARD GROUP INC is the largest shareholder of the company, while 79.0 institutions own stock in it. As of 2024-03-31, the company held over 1.79 million shares (or 3.9437% of all shares), a total value of $1.77 million in shares.

The next largest institutional holding, with 1.58 million shares, is of BLACKROCK INC.’s that is approximately 3.4699% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $1.55 million.

Also, the Mutual Funds coming in first place with the largest holdings of Eyenovia Inc (EYEN) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Mar 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.11 shares. This amounts to just over 2.06 percent of the company’s overall shares, with a $0.95 million market value. The same data shows that the other fund manager holds slightly less at 430.39, or about 0.80% of the stock, which is worth about $0.37 million.