Neonode Inc. (NASDAQ: NEON) is 344.32% higher on its value in year-to-date trading and has touched a low of $1.02 and a high of $15.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NEON stock was last observed hovering at around $11.73 in the last trading session, with the day’s loss setting it -1.55%.
Currently trading at $10.18, the stock is 40.87% and 124.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -13.26% at the moment leaves the stock 297.03% off its SMA200. NEON registered 495.03% gain for a year compared to 6-month gain of 694.92%.
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The stock witnessed a 202.83% loss in the last 1 month and extending the period to 3 months gives it a 396.34%, and is 25.00% 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 22.76% over the week and 18.45% over the month.
Neonode Inc. (NEON) has around 53 employees, a market worth around $157.41M and $4.43M in sales. Profit margin for the company is -247.41%. Distance from 52-week low is 897.55% and -32.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-82.35%).
with sales reaching $nan over the same period., but quarterly earnings will post 12.40% year-over-year.
22.0 institutions hold shares in Neonode Inc. (NEON), with institutional investors hold 5.79% of the company’s shares. The shares outstanding are 15.36M, and float is at 11.67M with Short Float at 5.45%. Institutions hold 3.78% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.14 million shares valued at $0.29 million. The investor’s holdings represent 0.925 of the NEON Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.12 million shares valued at $0.25 million to account for 0.7932 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 0.11 million shares representing 0.7315 and valued at over $0.23 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.3972 of the shares totaling 61013.0 with a market value of $0.13 million.
