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Gear up for the change! Neonode Inc. (NEON) has hit the volume of 637436

Let’s start up with the current stock price of Neonode Inc. (NEON), which is $12.73 to be very precise. The Stock rose vividly during the last session to $13.20 after opening rate of $11.50 while the lowest price it went was recorded $11.25 before closing at $11.36.Recently in News on December 23, 2022, Neonode and EPICNPOC Announce Collaboration to Leverage Contactless Touch to Enhance Human-Machine Interactions. Neonode Inc. (NASDAQ: NEON) and EPICNPOC have signed a memorandum of understanding (MoU) to deliver a multimodal HMI development platform for automotive OEMs and tier-one suppliers that combines contactless touch input with graphical user interfaces, script recognition, voice interfaces, gesture sensing, audio and lighting for use in vehicle cockpits. You can read further details here

Neonode Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $14.75 on 01/19/23, with the lowest value was $5.22 for the same time period, recorded on 01/05/23.

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Neonode Inc. (NEON) full year performance was 96.45%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Neonode Inc. shares are logging -13.69% during the 52-week period from high price, and 285.76% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.30 and $14.75.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 637436 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Neonode Inc. (NEON) recorded performance in the market was 131.45%, having the revenues showcasing 226.41% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 154.16M, as it employees total of 47 workers.

Specialists analysis on Neonode Inc. (NEON)

During the last month, 0 analysts gave the Neonode Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.75, with a change in the price was noted +8.88. In a similar fashion, Neonode Inc. posted a movement of +230.65% for the period of last 100 days, recording 231,239 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NEON is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Trends and Technical analysis: Neonode Inc. (NEON)

Raw Stochastic average of Neonode Inc. in the period of last 50 days is set at 82.27%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 78.85%. In the last 20 days, the company’s Stochastic %K was 77.82% and its Stochastic %D was recorded 81.32%.

Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 131.45%. Additionally, trading for the stock in the period of the last six months notably improved by 155.11%, alongside a boost of 96.45% for the period of the last 12 months. The shares increased approximately by 43.84% in the 7-day charts and went down by 136.18% in the period of the last 30 days. Common stock shares were driven by 226.41% during last recorded quarter.

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