StockNews.com began coverage on shares of Neonode (NASDAQ:NEON – Free Report) in a report published on Sunday morning. The firm issued a hold rating on the electronics maker’s stock.
Neonode Stock Performance
Shares of NEON stock opened at $2.42 on Friday. The company has a market capitalization of $37.17 million, a price-to-earnings ratio of -3.67 and a beta of 1.79. Neonode has a one year low of $1.02 and a one year high of $8.97. The company’s 50-day moving average is $1.56 and its 200 day moving average is $1.62.
Neonode (NASDAQ:NEON – Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The electronics maker reported ($0.39) EPS for the quarter. Neonode had a negative net margin of 227.53% and a negative return on equity of 44.82%. The firm had revenue of $0.99 million for the quarter.
About Neonode
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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