As on March 16, 2023, Neogen Corporation (NASDAQ: NEOG) got off with the flyer as it spiked 2.33% to $18.43. During the day, the stock rose to $18.50 and sunk to $17.76 before settling in for the price of $18.01 at the close. Taking a more long-term approach, NEOG posted a 52-week range of $10.49-$35.61.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 8.00%. Meanwhile, its Annual Earning per share during the time was 0.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -21.30%. This publicly-traded company’s shares outstanding now amounts to $216.13 million, simultaneously with a float of $215.80 million. The organization now has a market capitalization sitting at $4.11 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.97, while the 200-day Moving Average is $18.44.
Neogen Corporation (NEOG) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Diagnostics & Research industry. Neogen Corporation’s current insider ownership accounts for 0.10%, in contrast to 93.50% institutional ownership. According to the most recent insider trade that took place on Jan 13, this organization’s Chief Operating Officer bought 2,500 shares at the rate of 17.91, making the entire transaction reach 44,775 in total value, affecting insider ownership by 11,860. Preceding that transaction, on Oct 11, Company’s VP & CFO bought 5,000 for 11.63, making the whole transaction’s value amount to 58,150. This particular insider is now the holder of 32,722 in total.
Neogen Corporation (NEOG) Earnings and Revenue Records
Neogen Corporation’s EPS decrease for this current 12-month fiscal period is -21.30% and is forecasted to reach 0.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 0.90% growth it accomplished over the previous five years trading on the market.
Neogen Corporation (NASDAQ: NEOG) Trading Performance Indicators
Let’s observe the current performance indicators for Neogen Corporation (NEOG). It’s Quick Ratio in the last reported quarter now stands at 3.30. The Stock has managed to achieve an average true range (ATR) of 0.72. Alongside those numbers, its PE Ratio stands at $418.86, and its Beta score is 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 6.52.
In the same vein, NEOG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.04, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be 0.06 at the market close of one year from today.
Technical Analysis of Neogen Corporation (NEOG)
Through scrutinizing the latest numbers posted by the [Neogen Corporation, NEOG], it can be observed that its last 5-days Average volume of 1.58 million was lower the volume of 2.15 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 56.28% While, its Average True Range was 0.74.
Raw Stochastic average of Neogen Corporation (NEOG) in the period of the previous 100 days is set at 71.40%, which indicates a major rise in contrast to 66.12% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 43.82% that was higher than 43.33% volatility it exhibited in the past 100-days period.