Eyenovia Inc (NASDAQ:EYEN) Shares Surged 22.22% In A Week – But Will They Keep Going Up?

In last trading session, Eyenovia Inc (NASDAQ:EYEN) saw 2.06 million shares changing hands with its beta currently measuring 1.75. Company’s recent per share price level of $0.55 trading at $0.1 or 22.17% at ring of the bell on the day assigns it a market valuation of $47.05M. That closing price of EYEN’s stock is at a discount of -367.27% from its 52-week high price of $2.57 and is indicating a premium of 32.73% from its 52-week low price of $0.37. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 1.64 million if we extend that period to 3-months.

Eyenovia Inc (NASDAQ:EYEN) trade information

Eyenovia Inc’s shares saw a change of -73.56% in year-to-date performance and have moved 22.22% in past 5-day. Eyenovia Inc (NASDAQ:EYEN) showed a performance of 8.25% in past 30-days. Number of shares sold short was 3.29 million shares which calculate 2.69 days to cover the short interests.

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Eyenovia Inc (EYEN) estimates and forecasts

Statistics highlight that Eyenovia Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 1.98% of value to its shares in past 6 months, showing an annual growth rate of 0.00% while that of industry is 17.40. This year revenue growth is estimated to rise 47,150.00% 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 160k for the same. And 3 analysts are in estimates of company making revenue of 1.7M in the next quarter.

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 18.26% during past 5 years.

Eyenovia Inc (NASDAQ:EYEN)’s Major holders

Insiders are in possession of 9.99% of company’s total shares while institution are holding 13.60 percent of that, with stock having share float percentage of 15.11%. Investors also watch the number of corporate investors in a company very closely, which is 13.60% institutions for Eyenovia Inc that are currently holding shares of the company. ARMISTICE CAPITAL, LLC is the top institutional holder at EYEN for having 6.06 million shares of worth $3.6 million. And as of 2024-06-30, it was holding 13.0037 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.88 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.0365 of outstanding shares, having a total worth of $1.12 million.