Eyenovia Inc (NASDAQ: EYEN) is -41.10% lower on its value in year-to-date trading and has touched a low of $0.08 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 $0.10 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.09, the stock is -15.86% and -52.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.14 million and changing -10.42% at the moment leaves the stock -85.46% off its SMA200. EYEN registered -95.26% loss for a year compared to 6-month loss of -91.96%. The firm has a 50-day simple moving average (SMA 50) of $0.19156 and a 200-day simple moving average (SMA200) of $0.596165.
The stock witnessed a -7.63% gain in the last 1 month and extending the period to 3 months gives it a -80.73%, and is -28.45% down 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 19.40% over the week and 19.10% over the month.
Eyenovia Inc (EYEN) has around 57 employees, a market worth around $9.59M and $0.03M in sales. Profit margin for the company is -118845.16%. Distance from 52-week low is 11.69% and -96.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-564.90%).
with sales reaching $1.6M over the same period.The EPS is expected to grow by 6.06% this year, but quarterly earnings will post 42,802.37% year-over-year. Quarterly sales are estimated to grow 61,560.23% in year-over-year returns.
Eyenovia Inc (EYEN) Top Institutional Holders
67.0 institutions hold shares in Eyenovia Inc (EYEN), with institutional investors hold 15.25% of the company’s shares. The shares outstanding are 111.42M, and float is at 109.29M with Short Float at 4.20%. Institutions hold 13.73% 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).
