StockNews.com started coverage on shares of Neonode (NASDAQ:NEON – Free Report) in a report issued on Saturday morning. The firm issued a hold rating on the electronics maker’s stock.
Neonode Stock Performance
Shares of NASDAQ:NEON opened at $2.39 on Friday. The company has a 50-day simple moving average of $1.48 and a 200 day simple moving average of $1.58. The company has a market capitalization of $36.71 million, a P/E ratio of -3.62 and a beta of 2.04. Neonode has a 52-week low of $1.02 and a 52-week high of $8.97.
Neonode (NASDAQ:NEON – Get Free Report) last issued its earnings results on Wednesday, February 28th. The electronics maker reported ($0.39) EPS for the quarter. Neonode had a negative return on equity of 44.82% and a negative net margin of 227.53%. The business had revenue of $0.99 million for the quarter.
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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