In last trading session, Neonode Inc (NASDAQ:NEON) saw 87236.0 shares changing hands with its beta currently measuring 1.99. Company’s recent per share price level of $7.85 trading at $0.1 or 1.29% at ring of the bell on the day assigns it a market valuation of $131.75M. That closing price of NEON’s stock is at a discount of -91.08% from its 52-week high price of $15.00 and is indicating a premium of 85.22% from its 52-week low price of $1.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.18 million shares which gives us an average trading volume of 435.76K if we extend that period to 3-months.
Neonode Inc (NASDAQ:NEON) trade information
Upright in the green during last session for gaining 1.29%, in the last five days NEON remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $7.85 price level, adding 11.9% to its value on the day. Neonode Inc’s shares saw a change of 242.79% in year-to-date performance and have moved 20.21% in past 5-day. Neonode Inc (NASDAQ:NEON) showed a performance of -3.44% in past 30-days. Number of shares sold short was 0.74 million shares which calculate 4.09 days to cover the short interests.
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 (NEON) estimates and forecasts
Statistics highlight that Neonode Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 163.42% of value to its shares in past 6 months, showing an annual growth rate of 36.36% while that of industry is 17.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -4.77% from the last financial year’s standing.
And 1 analysts are in estimates of company making revenue of 906k 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 -4.91% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 36.36% while estimates for its earnings growth in next 5 years are of 20.00%.
Neonode Inc (NASDAQ:NEON)’s Major holders
Insiders are in possession of 32.01% of company’s total shares while institution are holding 5.01 percent of that, with stock having share float percentage of 7.36%. Investors also watch the number of corporate investors in a company very closely, which is 5.01% institutions for Neonode Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NEON for having 0.14 million shares of worth $0.29 million. And as of 2024-06-30, it was holding 0.925 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 0.12 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.7932 of outstanding shares, having a total worth of $0.25 million.
