Here Is A Bargain Stock You Should Look At : Eyenovia Inc (EYEN)

Eyenovia Inc (NASDAQ:EYEN) has a beta value of 1.51 and has seen 7.43 million shares traded in the recent trading session. The company, currently valued at $8.47M, closed the recent trade at $0.10 per share which meant it lost -$0.01 on the day or -11.06% during that session. The EYEN stock price is -2470.0% off its 52-week high price of $2.57 and 20.0% above the 52-week low of $0.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 18.98 million shares traded. The 3-month trading volume is 3.83 million shares.

Eyenovia Inc (NASDAQ:EYEN) trade information

Sporting -11.06% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EYEN stock price touched $0.10 or saw a rise of 18.7%. Year-to-date, Eyenovia Inc shares have moved -95.40%, while the 5-day performance has seen it change -13.78%. Over the past 30 days, the shares of Eyenovia Inc (NASDAQ:EYEN) have changed -82.25%. Short interest in the company has seen 2.14 million shares shorted with days to cover at 2.45.

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

Eyenovia Inc (EYEN) estimates and forecasts

Figures show that Eyenovia Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -86.21% over the past 6 months, with this year growth rate of 10.61%, compared to 18.00% for the industry. Revenue growth from the last financial year stood is estimated to be 22,441.69%.

3 analysts offering their estimates for the company have set an average revenue estimate of 834.67k for the current quarter. 2 have an estimated revenue figure of 700k for the next ending quarter. Year-ago sales stood 2.59k and 4.99k respectively for this quarter and the next, and analysts expect sales will grow by 32,126.64% for the current quarter and 22,441.69% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.26% over the past 5 years.

EYEN Dividends

Eyenovia Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Eyenovia Inc (NASDAQ:EYEN)’s Major holders

Insiders own 9.99% of the company shares, while shares held by institutions stand at 13.73% with a share float percentage of 15.25%. Investors are also buoyed by the number of investors in a company, with Eyenovia Inc having a total of 67.0 institutions that hold shares in the company. The top two institutional holders are ARMISTICE CAPITAL, LLC with over 6.06 million shares worth more than $3.6 million. As of 2024-06-30, ARMISTICE CAPITAL, LLC held 13.0037% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 1.88 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.12 million and represent 4.0365% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 1.65% shares in the company for having 1.43 shares of worth $0.14 million while later fund manager owns 430.39 shares of worth $41919.0 as of Jun 30, 2024, which makes it owner of about 0.50% of company’s outstanding stock.