As on Thursday, Neogen Corp. (NASDAQ: NEOG) got off with the flyer as it spiked 4.00% to $13.00, before settling in for the price of $12.50 at the close. Taking a more long-term approach, NEOG posted a 52-week range of $12.18-$24.09.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 17.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 100.00%. This publicly-traded company’s shares outstanding now amounts to $216.61 million, simultaneously with a float of $216.33 million. The organization now has a market capitalization sitting at $2.82 billion. At the time of writing, stock’s 50-day Moving Average stood at $15.82, while the 200-day Moving Average is $18.36.
Neogen Corp. (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 Corp.’s current insider ownership accounts for 0.13%, in contrast to 107.50% institutional ownership. According to the most recent insider trade that took place on Apr 11 ’24, this organization’s Director bought 7,500 shares at the rate of 13.06, making the entire transaction reach 97,986 in total value, affecting insider ownership by 21,392. Preceding that transaction, on Apr 10 ’24, Company’s CEO bought 23,000 for 12.36, making the whole transaction’s value amount to 284,190. This particular insider is now the holder of 152,389 in total.
Neogen Corp. (NEOG) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 2/28/2024, the company posted $0.12 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.14) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
Neogen Corp.’s EPS increase for this current 12-month fiscal period is 100.00% and is forecasted to reach 0.07 in the upcoming year.
Neogen Corp. (NASDAQ: NEOG) Trading Performance Indicators
Let’s observe the current performance indicators for Neogen Corp. (NEOG). It’s Quick Ratio in the last reported quarter now stands at 2.66. The Stock has managed to achieve an average true range (ATR) of 0.64. Alongside those numbers, its PE Ratio stands at $1805.56, and its Beta score is 1.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.03.
In the same vein, NEOG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.01, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.07 at the market close of one year from today.
Technical Analysis of Neogen Corp. (NEOG)
Through scrutinizing the latest numbers posted by the [Neogen Corp., NEOG], it can be observed that its last 5-days Average volume of 4.28 million was better the volume of 2.06 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 15.08% While, its Average True Range was 0.68.
Raw Stochastic average of Neogen Corp. (NEOG) in the period of the previous 100 days is set at 9.47%, which indicates a major fall in contrast to 21.83% 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 54.66% that was higher than 40.97% volatility it exhibited in the past 100-days period.
