In the last trading session, 1.79 million Neonode Inc (NASDAQ:NEON) shares changed hands as the company’s beta touched 0.57. With the company’s per share price at $22.83 changed hands at $2.22 or 10.77% during last session, the market valuation stood at $383.15M. NEON’s last price was a premium, traded about 0.88% off its 52-week high of $22.63. The share price had its 52-week low at $2.02, which suggests the last value was 91.15% up since then. When we look at Neonode Inc’s average trading volume, we note the 10-day average is 1.13 million shares, with the 3-month average coming to 241.62K.
Neonode Inc (NASDAQ:NEON) trade information
Instantly NEON was in green as seen at the end of in last trading. With action 9.44%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 928.38%, with the 5-day performance at 9.44% in the green. However, in the 30-day time frame, Neonode Inc (NASDAQ:NEON) is 115.78% up. Looking at the short shares, we see there were 0.85 million shares sold at short interest cover period of 2.91 days.
Neonode Inc (NEON) estimates and forecasts
Year-over-year growth is forecast to reach -22.62% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 568k. 1 analysts are of the opinion that Neonode Inc’s revenue for the current quarter will be 647k. The estimates for the next quarter sales put growth at -22.79%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.42%. The 2025 estimates are for Neonode Inc earnings to decrease by -8.11%, but the outlook for the next 5-year period is at 4.72% per year.
NEON Dividends
Neonode Inc is expected to release its next quarterly earnings report on 2025-May-14.
Neonode Inc (NASDAQ:NEON)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.75% of Neonode Inc shares while 7.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.46%. There are 7.34% institutions holding the Neonode Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 0.925% of the shares, roughly 0.14 million NEON shares worth $0.29 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 0.7932% or 0.12 million shares worth $0.25 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . With 179.6 shares estimated at $4.1 million under it, the former controlled 1.07% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.41% of the shares, roughly 69.28 shares worth around $1.58 million.
