Investment analysts at StockNews.com initiated coverage on shares of Neonode (NASDAQ:NEON – Get Free Report) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the electronics maker’s stock.
Neonode Price Performance
NEON opened at $1.97 on Friday. The firm has a market capitalization of $30.26 million, a P/E ratio of -2.98 and a beta of 2.04. Neonode has a fifty-two week low of $1.02 and a fifty-two week high of $8.97. The company’s 50-day moving average is $1.47 and its 200 day moving average is $1.58.
Neonode (NASDAQ:NEON – Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The electronics maker reported ($0.39) EPS for the quarter. The company had revenue of $0.99 million during the quarter. Neonode had a negative return on equity of 44.82% and a negative net margin of 227.53%.
Neonode Company Profile
Neonode Inc, together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers.
Read More
- Five stocks we like better than Neonode
- Earnings Per Share Calculator: How to Calculate EPS
- 3 Stocks Leading the U.S. Agriculture Comeback
- What Is WallStreetBets and What Stocks Are They Targeting?
- How to Use Put Debit Spreads to Profit From Falling Stocks
- Financial Services Stocks Investing
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Neonode Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neonode and related companies with MarketBeat.com's FREE daily email newsletter.
