Eyenovia Inc (NASDAQ:EYEN) price closed higher on Friday, May 03, jumping 7.74% above its previous close.
A look at the daily price movement shows that the last close reads $0.94. 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 added 13.05% on its value in the past month.
Eyenovia Inc, which has a market valuation of $51.47 million. Analysts tracking EYEN have forecast the quarterly EPS to shrink by -0.17 per share this quarter, while the same analysts predict the annual EPS to hit -$0.69 for the year 2024 and up to -$0.68 for 2025. In this case, analysts estimate an annual EPS growth of -4.50% for the year and 1.40% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $820k, with the likely lows of -$ and highs of $2 million. Staying with the analyst view, there is a consensus estimate of $5.23 million for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 130,650.00% above that which the company brought in 2024.
On the technical perspective front, indicators give EYEN a short term outlook of 50% 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 56.08% off the SMA20 and -13.81% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 60.30, with weekly volatility standing at 18.00%. The indicator jumps to 17.18% when calculated based on the past 30 days. Eyenovia Inc (NASDAQ:EYEN)’s beta value is holding at 1.72, while the average true range (ATR) indicator is currently reading 0.12.
An analysis of the Eyenovia Inc (NASDAQ:EYEN) stock in terms of its daily trading volume indicates that the 3-month average is 1.33 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 24.49%. But the -51.44% 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.
