Neonode Inc.’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $5.50 on 08/26/24 and a low of $1.02 for the same time frame on 10/31/23.
52-week price history of NEON Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Neonode Inc.’s current trading price is 8.18% away from its 52-week high, while its distance from the 52-week low is 483.33%. The stock’s price range during the 52-week period has remained between $1.02 and $5.50. In the Technology sector, the company’s shares saw a trading volume of around 5.55 million for the day, which was evidently higher than the average daily volume of 0.38 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Neonode Inc. (NEON) has experienced a quarterly rise of 143.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 92.05M and boasts a workforce of 53 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.46, with a change in price of +4.52. Similarly, Neonode Inc. recorded 318,820 in trading volume during the last 100 days, posting a change of +316.08%.
Examining NEON’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for NEON stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
NEON Stock Stochastic Average
As of today, Neonode Inc.’s raw stochastic average for the last 50 days stands at 79.27%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 78.03%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 80.28% and 83.96%, respectively.
NEON Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price increase of 159.83%. However, over the past six months, we’ve seen a weaker performance of 262.14%. The price of NEON fallen by 97.67% over the last 30 days. And in the last five days, it has surged by 132.42%.
