In the last trading session, 1.07 million shares of the Eyenovia Inc (NASDAQ:EYEN) were traded, and its beta was 1.75. Most recently the company’s share price was $0.55, and it changed around $0.0 or 0.55% from the last close, which brings the market valuation of the company to $47.30M. EYEN currently trades at a discount to its 52-week high of $2.57, offering almost -367.27% off that amount. The share price’s 52-week low was $0.37, which indicates that the current value has risen by an impressive 32.73% since then. We note from Eyenovia Inc’s average daily trading volume that its 10-day average is 1.23 million shares, with the 3-month average coming to 1.65 million.
Eyenovia 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 1 rate it as Overweight. Among the rest, 0 recommended EYEN as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Eyenovia Inc is expected to report earnings per share of -0.13 for the current quarter.
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Eyenovia Inc (NASDAQ:EYEN) trade information
Instantly EYEN has showed a green trend with a performance of 0.55% 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 0.5905 on recent trading dayincreased the stock’s daily price by 6.86%. The company’s shares are currently down -73.41% year-to-date, but still up 1.86% over the last five days. On the other hand, Eyenovia Inc (NASDAQ:EYEN) is 7.05% up in the 30-day period. We can see from the shorts that 2.29 million shares have been sold at a short interest cover period of 2.97 day(s).
Eyenovia Inc (EYEN) estimates and forecasts
Eyenovia Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -26.36 percent over the past six months and at a 0.00% annual growth rate that is well below the industry average of 17.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 27.80% in revenue this quarter, and will report an increase of 38.90% in the next quarter. The year-over-year growth rate is expected to be 47,150.00%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 160k in revenue for the current quarter. 3 analysts expect Eyenovia Inc to make 1.7M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 56,566.70%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 18.26%.
EYEN Dividends
Eyenovia Inc’s next quarterly earnings report is expected to be released in November.
Eyenovia Inc (NASDAQ:EYEN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.99% of Eyenovia Inc shares, and 13.69% of them are in the hands of institutional investors. The stock currently has a share float of 15.21%. Eyenovia Inc stock is held by 70.0 institutions, with ARMISTICE CAPITAL, LLC being the largest institutional investor. By 2024-06-30, it held 13.0037% of the shares, which is about 6.06 million shares worth $3.6 million.
VANGUARD GROUP INC, with 4.0365% or 1.88 million shares worth $1.12 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
