Eyenovia Inc (NASDAQ: EYEN) is -82.65% 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 $5.48 in the last trading session, with the day’s loss setting it -2.2%.
Currently trading at $3.28M, the stock is 154.30% and 323.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 41.72 million and changing 41721765% at the moment leaves the stock -30.19% off its SMA200. EYEN registered -22.77% loss for a year compared to 6-month loss of 35.35%. The firm has a 50-day simple moving average (SMA 50) of $2.12982 and a 200-day simple moving average (SMA200) of $12.92145.
The stock witnessed a 344.33% gain in the last 1 month and extending the period to 3 months gives it a 583.33%, and is 203.70% 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 38.93% over the week and 29.71% over the month.
Eyenovia Inc (EYEN) has around 14 employees, a market worth around $26.01M and $0.07M in sales. Profit margin for the company is -63194.11%. Distance from 52-week low is 961.18% and -92.77% from its 52-week high.
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Eyenovia Inc (EYEN) Top Institutional Holders
21.0 institutions hold shares in Eyenovia Inc (EYEN), with institutional investors hold 23.89% of the company’s shares. The shares outstanding are 2.83M, and float is at 2.82M with Short Float at 5.91%. Institutions hold 23.71% 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).
