StockNews.com started coverage on shares of Neonode (NASDAQ:NEON – Free Report) in a research note issued to investors on Friday. The brokerage issued a hold rating on the electronics maker’s stock.
Neonode Price Performance
Neonode stock opened at $1.80 on Friday. The company’s 50-day moving average price is $1.45 and its two-hundred day moving average price is $1.57. Neonode has a 52 week low of $1.02 and a 52 week high of $8.97.
Neonode (NASDAQ:NEON – Get Free Report) last released its earnings results on Wednesday, February 28th. The electronics maker reported ($0.39) EPS for the quarter. The company had revenue of $0.99 million for the quarter. Neonode had a negative net margin of 227.53% and a negative return on equity of 44.82%.
Hedge Funds Weigh In On Neonode
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, Switzerland, Germany, 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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