StockNews.com assumed coverage on shares of Neonode (NASDAQ:NEON – Free Report) in a research report report published on Sunday. The firm issued a hold rating on the electronics maker’s stock.
Neonode Stock Performance
Shares of Neonode stock opened at $2.42 on Friday. Neonode has a 52 week low of $1.02 and a 52 week high of $8.97. The stock has a 50 day moving average price of $1.58 and a two-hundred day moving average price of $1.63. The stock has a market capitalization of $37.17 million, a PE ratio of -3.67 and a beta of 1.79.
Neonode (NASDAQ:NEON – Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The electronics maker reported ($0.39) EPS for the quarter. The business had revenue of $0.99 million for the quarter. Neonode had a negative net margin of 227.53% and a negative return on equity of 44.82%.
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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