Eyenovia Inc (NASDAQ:EYEN) traded at $0.63 at close of the session on Friday, April 26, made a downward move of -11.68% on its previous day’s price.
Looking at the stock we see that its previous close was $0.71 . In terms of its 52-week price range, EYEN has a high of $5.85 and a low of $0.50. The company’s stock has lost about -36.31% over that past 30 days.
Eyenovia Inc has a market cap of $32.01 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.17, with the EPS growth for the year raised at -$0.69 for 2024 and -$0.68 for next year. These figures represent -4.50% and 1.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $820k, with a high of $2 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $5.23 million, or 130,650.00% up from figures reported last year.
On the other hand, looking at the outlook for the EYEN stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -8.47% off its SMA20 and -50.21% from its 50-day simple moving average. The RSI (14) is pointing at 37.77 while the volatility over the past week is 21.76% and jumps to 14.38% over the past one month. The beta value is 1.72, while the average true range (ATR) is currently pointing at 0.11.
Coming back to Eyenovia Inc (NASDAQ:EYEN), we note that the average 3-month trading volume was 1.27 million. Current shares outstanding are 45.55 million.
The insiders hold 17.48% of the company’s shares while institutions hold 22.46%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -69.80% down in year-to-date price movement.
