Eyenovia Inc (NASDAQ:EYEN) does about 967.27K shares in volume on a normal day but saw 2584449 shares change hands in the recent trading day. The company now has a market cap of 84.19M USD. Its current market price is $1.37, marking an increase of 14.17% compared to the previous close of $1.20. The 52 week high reached by this stock is $2.57 whilst the lowest price level in 52 weeks is $0.50.
Eyenovia Inc (EYEN) has a 20-day trading average at $0.9373 and the current price is -46.69% off the 52-week high compared with 173.45% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8152 and its 200-day simple moving average is $1.2686. If we look at the stock’s price movements over the week, volatility stands at 14.16%, which decreases to 12.90% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.56 to suggest the stock is overbought.
The consensus objective for the share price is $9.00, suggesting that the stock has a potential upside of 84.78% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 01, 2021 when Northland Capital initiated the stock to “Outperform” and issued a price target of $10.
Eyenovia Inc (EYEN) stock is up 17.09% over the week and 110.77% over the past month. Its price is -34.13% year-to-date and -38.57% over the past year.
To reach the target analysts have set, the stock logically needs to grow 84.78 percent from here.
The company has a return on investment of -333.88% and return on equity of -368.02%. The beta has a value of 1.83. Price to book ratio is 35.71 and price to sales ratio is 8418.65.
