Weak Fundamental Momentum Pushes Eyenovia Inc (EYEN) Lower

EVTL

Eyenovia Inc (NASDAQ:EYEN) has a beta value of 0.97 and has seen 12.99 million shares traded in the last trading session. The company, currently valued at $15.80M, closed the last trade at $5.48 per share which meant it gained $1.27 on the day or 30.17%% during that session. The EYEN stock price is -2177.37% off its 52-week high price of $124.80 and 84.49% above the 52-week low of $0.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.4 million shares traded. The 3-month trading volume is 3.08 million shares.

Eyenovia Inc (NASDAQ:EYEN) trade information

Sporting 30.17%% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EYEN stock price touched $5.48 or saw a rise of 33.25%. Year-to-date, Eyenovia Inc shares have moved -89.18%, while the 5-day performance has seen it change 124.59%. Over the past 30 days, the shares of Eyenovia Inc (NASDAQ:EYEN) have changed 291.43%. Short interest in the company has seen 0.17 million shares shorted with days to cover at 0.05.

Eyenovia Inc (EYEN) estimates and forecasts

The company’s shares have lost -22.16% over the past 6 months.

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 12.70% over the past 5 years.

EYEN Dividends

Eyenovia Inc is expected to release its next earnings report on 2025-May-19 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 0.75% of the company shares, while shares held by institutions stand at 23.71% with a share float percentage of 23.89%. Investors are also buoyed by the number of investors in a company, with Eyenovia Inc having a total of 21.0 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.

Marketing Sentinel
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.