AudioEye Inc [NASDAQ: AEYE] gained 15.12% on the last trading session, reaching $23.98 price per share at the time.
If compared to the average trading volume of 202.87K shares, AEYE reached a trading volume of 230537 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about AudioEye Inc [AEYE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AEYE shares is $18.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AEYE stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for AudioEye Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 12, 2021. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on June 07, 2021, representing the official price target for AudioEye Inc stock. Previously, the target price had yet another raise to $36, while Maxim Group analysts kept a Buy rating on AEYE stock.
The Average True Range (ATR) for AudioEye Inc is set at 2.14, with the Price to Sales ratio for AEYE stock in the period of the last 12 months amounting to 8.82. The Price to Book ratio for the last quarter was 56.90, with the Price to Cash per share for the same quarter was set at 0.60.
Trading performance analysis for AEYE stock
AudioEye Inc [AEYE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.00. With this latest performance, AEYE shares gained by 61.48% in over the last four-week period, additionally plugging by 472.32% over the last 6 months – not to mention a rise of 298.35% 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 AEYE stock in for the last two-week period is set at 66.04, with the RSI for the last a single of trading hit 65.03, and the three-weeks RSI is set at 66.64 for AudioEye Inc [AEYE]. The present Moving Average for the last 50 days of trading for this stock 14.82, while it was recorded at 23.24 for the last single week of trading, and 7.53 for the last 200 days.
AudioEye Inc [AEYE]: A deeper dive into fundamental analysis
AudioEye Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.13 and a Current Ratio set at 1.13.
An analysis of Institutional ownership at AudioEye Inc [AEYE]
The top three institutional holders of AEYE stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in AEYE stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in AEYE stock with ownership which is approximately 5.8386%.
