Eyenovia Inc. [NASDAQ: EYEN] stock went on an upward path that rose over 38.19% on Tuesday, amounting to a one-week price increase of more than 38.57%. The company report on August 11, 2020 that Eyenovia and Arctic Vision Announce Exclusive Collaboration and License Agreement to Develop and Commercialize MicroPine and MicroLine in Greater China and South Korea.
Eyenovia Eligible to Receive up to a Total of $45.75 million in Upfront Payments and Development and Commercialization Milestones and Development Costs.
Arctic Vision to Lead Expansion of Novel Approach to Treating Myopia and Presbyopia in Greater China and South Korea.
Over the last 12 months, EYEN stock rose by 51.96%. The average equity rating for EYEN stock is currently 1.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $103.27 million, with 17.31 million shares outstanding and 11.19 million shares in the current float. Compared to the average trading volume of 129.91K shares, EYEN stock reached a trading volume of 60733220 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Eyenovia Inc. [EYEN]:
Oppenheimer have made an estimate for Eyenovia Inc. shares, keeping their opinion on the stock as Perform, with their previous recommendation back on February 03, 2020.
The Average True Range (ATR) for Eyenovia Inc. is set at 0.48 The Price to Book ratio for the last quarter was 7.08, with the Price to Cash per share for the same quarter was set at 0.67.
EYEN Stock Performance Analysis:
Eyenovia Inc. [EYEN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.57. With this latest performance, EYEN shares gained by 89.09% in over the last four-week period, additionally plugging by 13.03% over the last 6 months – not to mention a rise of 51.96% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EYEN stock in for the last two-week period is set at 75.59, with the RSI for the last a single of trading hit 80.46, and the three-weeks RSI is set at 71.85 for Eyenovia Inc. [EYEN]. The present Moving Average for the last 50 days of trading for this stock 3.18, while it was recorded at 3.83 for the last single week of trading, and 3.41 for the last 200 days.
Insight into Eyenovia Inc. Fundamentals:
Return on Total Capital for EYEN is now -148.93, given the latest momentum, and Return on Invested Capital for the company is -147.87. Return on Equity for this stock declined to -147.87, with Return on Assets sitting at -121.89.
Reflecting on the efficiency of the workforce at the company, Eyenovia Inc. [EYEN] managed to generate an average of -$783,584 per employee.Eyenovia Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.70 and a Current Ratio set at 5.70.
EYEN Stock EPS
With the latest financial reports released by the company, Eyenovia Inc. posted -0.44/share EPS, while the average EPS was predicted by analysts to be reported at -0.43/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -2.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EYEN.
Eyenovia Inc. [EYEN] Insider Position Details
There are presently around $6 million, or 6.60% of EYEN stock, in the hands of institutional investors. The top three institutional holders of EYEN stocks are: UNIPLAN INVESTMENT COUNSEL, INC. with ownership of 607,000, which is approximately 16.346% of the company’s market cap and around 20.90% of the total institutional ownership; FAIRPOINTE CAPITAL LLC, holding 224,526 shares of the stock with an approximate value of $1.13 million in EYEN stocks shares; and VANGUARD GROUP INC, currently with $1.02 million in EYEN stock with ownership of nearly 0% of the company’s market capitalization.
9 institutional holders increased their position in Eyenovia Inc. [NASDAQ:EYEN] by around 127,929 shares. Additionally, 4 investors decreased positions by around 26,277 shares, while 6 investors held positions by with 1,121,229 shares. The mentioned changes placed institutional holdings at 1,275,435 shares, according to the latest SEC report filing. EYEN stock had 3 new institutional investments in for a total of 32,782 shares, while 3 institutional investors sold positions of 26,109 shares during the same period.