Neonode Inc (NASDAQ:NEON) currently has a daily average trading volume of 209.33K but it saw 292560 shares traded in last market. With a market cap of 326.43M USD, the company’s current market price of $19.45 came rising about 2.15 while comparing to the previous closing price of $19.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.62 and as low as $1.93. In the recent trading on the day, stock has struck highest price mark of $18.9 while lowest mark touched by it was $19.8999.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Ladenburg Thalmann which initiated the stock as “Buy” in its note to investors issued on October 18, 2024, recommending a price target of $16.50 for it. Berenberg issued its recommendations for the stock as it downgraded the price target for the stock is $1.50.
Over the week, NEON’s stock price is moving 94.89% up while it is 88.65% when we observe its performance for the past one month. Year-to-date it is 136.33% up and over the past year, the stock is showing an upside performance of 756.83%.
The company is expected to be releasing its next quarterly report on 2025-May-14, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.4. In next quarter, company is expected to be making quarterly sales of $647k as analysts are expecting the sales for current fiscal year at $2.4M and seeing the company making $3.34M in sales next year. Moreover, analysts are in estimates of $568k for current-quarter revenue.
Currently, Neonode Inc’s total number of outstanding shares is 16.78M. Company’s return on investment (ROI) stands at -41.18% and return on equity (ROE) at -40.61%. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 22.40 while price to sale or P/S ratio amounts to 95.17. Its return on asset (ROA) is -35.49% on average.
