Neogen Corp (NASDAQ:NEOG) shares, rose in value on Wednesday, July 09, with the stock price up by 4.96% to the previous day’s close as strong demand from buyers drove the stock to $5.5.
Actively observing the price movement in the last trading, the stock closed the session at $5.24, falling within a range of $5.105 and $5.505. The value of beta (5-year monthly) was 1.836. Referring to stock’s 52-week performance, its high was $18.58, and the low was $3.87. On the whole, NEOG has fluctuated by 5.57% over the past month.
With the market capitalization of Neogen Corp currently standing at about $1.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-09.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NEOG’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NEOG currently trading nearly 6.00% and -1.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.70, while the 7-day volatility ratio is showing 6.90% which for the 30-day chart, stands at 6.01%. Furthermore, Neogen Corp (NEOG)’s beta value is 1.78.
A comparison of Neogen Corp (NEOG) with its peers suggests the former has fared considerably weaker in the market. NEOG showed an intraday change of 4.96% in last session, and over the past year, it shrunk by -54.70%%.
Data on historical trading for Neogen Corp (NASDAQ:NEOG) indicates that the trading volumes over the past 10 days have averaged 7.93 and over the past 3 months, they’ve averaged 7.37 million. According to company’s latest data on outstanding shares, there are 217.04 million shares outstanding.
Nearly 0.44% of Neogen Corp’s shares belong to company insiders and institutional investors own 126.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 25.07 million shares as on 2025-06-13, resulting in a short ratio of 4.79. According to the data, the short interest in Neogen Corp (NEOG) stood at 1307.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 27.16 million. The stock has fallen by -63.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NEOG stock heading into the next quarter.
