Neonode Inc. (NASDAQ:NEON – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 527,000 shares, a drop of 17.1% from the August 31st total of 635,800 shares. Based on an average trading volume of 668,100 shares, the short-interest ratio is presently 0.8 days.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Neonode in a research note on Friday, June 14th. They set a “sell” rating for the company.
View Our Latest Report on Neonode
Neonode Price Performance
Neonode (NASDAQ:NEON – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The electronics maker reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $1.42 million during the quarter. Neonode had a negative net margin of 247.41% and a negative return on equity of 64.05%.
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.
Read More
- Five stocks we like better than Neonode
- What are earnings reports?
- Capricor Therapeutics is up over 100%, Could Rise Even Higher
- Best Aerospace Stocks Investing
- Citi Analysts Turn More Bullish on Walmart Stock: Time to Buy?
- The How and Why of Investing in Gold Stocks
- Lower Rates, Higher Returns: Key Stocks to Watch Now
Receive News & Ratings for Neonode Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neonode and related companies with MarketBeat.com's FREE daily email newsletter.