Neonode Inc. (NASDAQ:NEON - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.57 and traded as high as $7.36. Neonode shares last traded at $6.84, with a volume of 311,149 shares trading hands.
Analyst Ratings Changes
NEON has been the topic of a number of research reports. LADENBURG THALM/SH SH assumed coverage on Neonode in a research note on Friday, October 18th. They set a "buy" rating and a $16.50 price target on the stock. StockNews.com upgraded Neonode to a "sell" rating in a report on Friday, October 25th.
View Our Latest Research Report on NEON
Neonode Stock Up 2.3 %
The company has a market capitalization of $108.27 million, a P/E ratio of -9.78 and a beta of 1.93. The firm's 50-day moving average price is $8.34 and its 200 day moving average price is $4.61.
Neonode (NASDAQ:NEON - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The electronics maker reported ($0.11) EPS for the quarter. Neonode had a negative return on equity of 64.05% and a negative net margin of 247.41%. The company had revenue of $1.42 million during the quarter. As a group, equities research analysts expect that Neonode Inc. will post -0.48 EPS for the current year.
Neonode Company Profile
(
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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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