Eyenovia Inc (NASDAQ: EYEN) is -88.01% lower on its value in year-to-date trading and has touched a low of $0.85 and a high of $124.80 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 $1.67 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $1.40, the stock is 20.32% and 16.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.59 million and changing -16.17% at the moment leaves the stock -92.55% off its SMA200. EYEN registered -97.67% loss for a year compared to 6-month loss of -82.83%. The firm has a 50-day simple moving average (SMA 50) of $1.20198 and a 200-day simple moving average (SMA200) of $18.78175.
The stock witnessed a 28.44% gain in the last 1 month and extending the period to 3 months gives it a -19.08%, and is 18.64% 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 13.30% over the week and 9.08% over the month.
Eyenovia Inc (EYEN) has around 14 employees, a market worth around $4.03M and $0.07M in sales. Profit margin for the company is -63194.11%. Distance from 52-week low is 64.71% and -98.88% from its 52-week high.
The EPS is expected to shrink by -2504.84% this year, but quarterly earnings will post 6,591.66% year-over-year.
21.0 institutions hold shares in Eyenovia Inc (EYEN), with institutional investors hold 10.04% of the company’s shares. The shares outstanding are 2.83M, and float is at 2.75M with Short Float at 2.91%. Institutions hold 9.71% 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).
