Eyenovia Inc (NASDAQ:EYEN) price on Thursday, June 12, fall -20.77% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.67.
A look at the stock’s price movement, the close in the last trading session was $3.37. Turning to its 52-week performance, $124.80 and $0.85 were the 52-week high and 52-week low respectively. Overall, EYEN moved 132.15% over the past month.
Eyenovia Inc’s market cap currently stands at around $7.70 million, with investors looking forward to this quarter’s earnings report slated for in July.
Turning to the stock’s technical picture we see that short term indicators suggest on average that EYEN is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
EYEN’s current price about 17.93% and 72.01% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.77, while 7-day volatility ratio is 7.74% and 21.44% in the 30-day chart. Further, Eyenovia Inc (EYEN) has a beta value of 1.05, and an average true range (ATR) of 0.62.
If we refocus on Eyenovia Inc (NASDAQ:EYEN), historical trading data shows that trading volumes averaged 2.50 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.83 million shares.
The 4.69% of Eyenovia Inc’s shares are in the hands of company insiders while institutional holders own 9.66% of the company’s shares. Current price change has pushed the stock -77.14% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the EYEN stock continues to rise going into the next quarter.
