Now Is The Time To Build A Position In Eyenovia Inc (NASDAQ:EYEN)

In last trading session, Eyenovia Inc (NASDAQ:EYEN) saw 32.26 million shares changing hands with its beta currently measuring 1.32. Company’s recent per share price level of $0.12 trading at -$0.04 or -23.76% at ring of the bell on the day assigns it a market valuation of $13.34M. That closing price of EYEN’s stock is at a discount of -2041.67% from its 52-week high price of $2.57 and is indicating a premium of 33.33% from its 52-week low price of $0.08. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 76.16 million shares which gives us an average trading volume of 20.44 million if we extend that period to 3-months.

Eyenovia Inc (NASDAQ:EYEN) trade information

Upright in the red during last session for losing -23.76%, in the last five days EYEN remained trading in the red while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $0.12 price level, adding 23.66% to its value on the day. Eyenovia Inc’s shares saw a change of -18.01% in year-to-date performance and have moved -18.01% in past 5-day. Eyenovia Inc (NASDAQ:EYEN) showed a performance of 36.49% in past 30-days. Number of shares sold short was 2.14 million shares which calculate 2.45 days to cover the short interests.

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 lost -87.26% of value to its shares in past 6 months, showing an annual growth rate of 9.09% while that of industry is 16.60. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

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 13.73 percent of that, with stock having share float percentage of 15.25%. Investors also watch the number of corporate investors in a company very closely, which is 13.73% 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.