In the last trading session, 2.33 million shares of the Neonode Inc. (NASDAQ:NEON) were traded, and its beta was 1.88. Most recently the company’s share price was $11.92, and it changed around $3.1 or 35.15% from the last close, which brings the market valuation of the company to $184.40M. NEON currently trades at a discount to its 52-week high of $9.49, offering almost 20.39% off that amount. The share price’s 52-week low was $1.02, which indicates that the current value has risen by an impressive 91.44% since then. We note from Neonode Inc.’s average daily trading volume that its 10-day average is 0.56 million shares, with the 3-month average coming to 554.22K.
Neonode Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended NEON as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Neonode Inc. is expected to report earnings per share of 0 for the current quarter.
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) trade information
Instantly NEON has showed a green trend with a performance of 35.15% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.94 on recent trading dayincreased the stock’s daily price by 0.17%. The company’s shares are currently up 420.52% year-to-date, but still up 67.42% over the last five days. On the other hand, Neonode Inc. (NASDAQ:NEON) is 351.52% up in the 30-day period. We can see from the shorts that 0.64 million shares have been sold at a short interest cover period of 0.68 day(s).
Neonode Inc. (NEON) estimates and forecasts
The year-over-year growth rate is expected to be 12.40%, up from the previous year.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -4.91%.
NEON Dividends
Neonode Inc.’s next quarterly earnings report is expected to be released in October.
Neonode Inc. (NASDAQ:NEON)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 34.73% of Neonode Inc. shares, and 3.78% of them are in the hands of institutional investors. The stock currently has a share float of 5.79%. Neonode Inc. stock is held by 22.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 0.925% of the shares, which is about 0.14 million shares worth $0.29 million.
BLACKROCK INC., with 0.7932% or 0.12 million shares worth $0.25 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
