In the last trading session, 57.22 million shares of the Eyenovia Inc (NASDAQ:EYEN) were traded, and its beta was 1.44. Most recently the company’s share price was $0.11, and it changed around $0.02 or 20.28% from the last close, which brings the market valuation of the company to $12.93M. EYEN currently trades at a discount to its 52-week high of $2.57, offering almost -2236.36% off that amount. The share price’s 52-week low was $0.08, which indicates that the current value has risen by an impressive 27.27% since then. We note from Eyenovia Inc’s average daily trading volume that its 10-day average is 14.38 million shares, with the 3-month average coming to 9.38 million.
Eyenovia Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended EYEN as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Eyenovia Inc is expected to report earnings per share of -0.1 for the current quarter.
Eyenovia Inc (NASDAQ:EYEN) trade information
Instantly EYEN has showed a green trend with a performance of 20.28% 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 0.1197 on recent trading dayincreased the stock’s daily price by 8.1%. The company’s shares are currently down -94.55% year-to-date, but still up 32.83% over the last five days. On the other hand, Eyenovia Inc (NASDAQ:EYEN) is 21.96% up in the 30-day period. We can see from the shorts that 2.14 million shares have been sold at a short interest cover period of 2.45 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 -83.31 percent over the past six months and at a 10.61% annual growth rate that is well below the industry average of 16.70%. The year-over-year growth rate is expected to be 42,802.37%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.6M in revenue for the current quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 61,560.23%.
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 January.
Eyenovia Inc (NASDAQ:EYEN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.99% of Eyenovia Inc shares, and 13.73% of them are in the hands of institutional investors. The stock currently has a share float of 15.25%. Eyenovia Inc stock is held by 67.0 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.
