Equities researchers at StockNews.com assumed coverage on shares of Neonode (NASDAQ:NEON – Get Free Report) in a research note issued on Sunday. The firm set a “hold” rating on the electronics maker’s stock.
Neonode Price Performance
NEON stock opened at $2.08 on Friday. The firm has a market cap of $31.95 million, a PE ratio of -3.15 and a beta of 1.79. Neonode has a 12 month low of $1.02 and a 12 month high of $8.97. The firm has a 50 day simple moving average of $1.53 and a 200 day simple moving average of $1.60.
Neonode (NASDAQ:NEON – Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The electronics maker reported ($0.39) earnings per share (EPS) for the quarter. The company had revenue of $0.99 million for 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.
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