rts logo

Are we looking at the next big move in Eyenovia Inc (EYEN)?

Eyenovia Inc (NASDAQ: EYEN) is -74.20% lower on its value in year-to-date trading and has touched a low of $0.37 and a high of $2.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EYEN stock was last observed hovering at around $0.54 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.54, the stock is -8.53% and -39.25% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -1.00% at the moment leaves the stock -54.37% off its SMA200. EYEN registered -69.68% loss for a year compared to 6-month loss of -66.66%.

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

The stock witnessed a -29.73% gain in the last 1 month and extending the period to 3 months gives it a -13.73%, and is 8.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.47% over the week and 13.78% over the month.

Eyenovia Inc (EYEN) has around 57 employees, a market worth around $41.28M and $0.03M in sales. Profit margin for the company is -118712.53%. Distance from 52-week low is 45.05% and -79.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-1184.92%).

with sales reaching $160k over the same period.The EPS is expected to grow by 2.65% this year, but quarterly earnings will post 46,650.00% year-over-year.

Eyenovia Inc (EYEN) Top Institutional Holders

71.0 institutions hold shares in Eyenovia Inc (EYEN), with institutional investors hold 17.60% of the company’s shares. The shares outstanding are 76.91M, and float is at 68.28M with Short Float at 2.93%. Institutions hold 15.26% of the Float.

The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 6.06 million shares valued at $3.6 million. The investor’s holdings represent 13.0037% of the EYEN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.88 million shares valued at $1.12 million to account for 4.0365 of the shares outstanding. The other top investors are LASRY MARC which holds 0.55 million shares representing 1.1754% and valued at over $0.33 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.8765 of the shares totaling 0.41 million with a market value of $0.24 million.

Eyenovia Inc (EYEN) Insider Activity

The most recent transaction is an insider purchase by Rowe Michael M, the company’s Chief Executive Officer. SEC filings show that Rowe Michael M bought 27,071 shares of the company’s common stock on Aug 28 ’24 at a price of $0.52 per share for a total of $14077.0. Following the purchase, the insider now owns 0.11 million shares.

Eyenovia Inc disclosed in a document filed with the SEC on Aug 26 ’24 that Rowe Michael M (Chief Executive Officer) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 26 ’24 and was made at $0.57 per share for $28500.0. Following the transaction, the insider now directly holds 82927.0 shares of the EYEN stock.

Still, SEC filings show that on Jul 02 ’24, Grant Stuart M. (10% Owner) acquired 1,515,151 shares at an average price of $0.66 for $1.0 million. The insider now directly holds 10,914,153 shares of Eyenovia Inc (EYEN).

Related Posts