Eyenovia Inc (NASDAQ:EYEN) price closed higher on Monday, April 15, jumping 3.72% above its previous close.
A look at the daily price movement shows that the last close reads $0.53. The company’s 5Y monthly beta was ticking 1.66. Taking into account the 52-week price action we note that the stock hit a 52-week high of $5.85 and 52-week low of $0.50. The stock subtracted -65.86% on its value in the past month.
Eyenovia Inc, which has a market valuation of $27.82 million, is expected to release its quarterly earnings report May 09, 2024 – May 13, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give EYEN a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that EYEN’s price is at present -44.02% off the SMA20 and -63.02% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 22.62, with weekly volatility standing at 18.68%. The indicator jumps to 12.25% when calculated based on the past 30 days. Eyenovia Inc (NASDAQ:EYEN)’s beta value is holding at 1.75, while the average true range (ATR) indicator is currently reading 0.13.
An analysis of the Eyenovia Inc (NASDAQ:EYEN) stock in terms of its daily trading volume indicates that the 3-month average is 1.15 million.
Current records show that the company has 45.55M in outstanding shares. The insiders’ percentage holdings are 17.48% of outstanding shares while the percentage share held by institutions stands at 22.54%. But the -73.57% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
