Stock analysts at StockNews.com started coverage on shares of Neonode (NASDAQ:NEON – Get Free Report) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the electronics maker’s stock.
Neonode Trading Up 2.1 %
NEON stock opened at $2.45 on Tuesday. The company has a market capitalization of $37.63 million, a P/E ratio of -3.45 and a beta of 1.79. Neonode has a twelve month low of $1.02 and a twelve month high of $8.97. The business has a 50 day simple moving average of $1.79 and a 200-day simple moving average of $1.71.
Neonode (NASDAQ:NEON – Get Free Report) last posted its quarterly earnings data on Wednesday, February 28th. The electronics maker reported ($0.39) earnings per share for the quarter. The firm had revenue of $0.99 million during the quarter. Neonode had a negative net margin of 256.11% and a negative return on equity of 54.27%.
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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