A new trading day began on Friday, with Neogenomics Inc (NASDAQ: NEO) stock price up 6.50% from the previous day of trading, before settling in for the closing price of $15.39. NEO’s price has ranged from $12.77 to $21.22 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 17.35% over the last five years. Meanwhile, its annual earnings per share averaged 180.95%. With a float of $126.80 million, this company’s outstanding shares have now reached $127.37 million.
The firm has a total of 2100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 42.47%, operating margin of -13.71%, and the pretax margin is -12.39%.
Neogenomics Inc (NEO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Neogenomics Inc is 1.22%, while institutional ownership is 97.47%. The most recent insider transaction that took place on Nov 15 ’24, was worth 79,475. In this transaction General Counsel of this company sold 5,175 shares at a rate of $15.36, taking the stock ownership to the 37,129 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 5,175 for $15.79, making the entire transaction worth $81,713.
Neogenomics Inc (NEO) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.03 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 180.95% per share during the next fiscal year.
Neogenomics Inc (NASDAQ: NEO) Trading Performance Indicators
Here are Neogenomics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.20 in one year’s time.
Technical Analysis of Neogenomics Inc (NEO)
Analysing the last 5-days average volume posted by the [Neogenomics Inc, NEO], we can find that recorded value of 0.46 million was lower than the volume posted last year of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 50.55%. Additionally, its Average True Range was 0.62.
During the past 100 days, Neogenomics Inc’s (NEO) raw stochastic average was set at 65.70%, which indicates a significant decrease from 93.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.81% in the past 14 days, which was lower than the 50.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.63, while its 200-day Moving Average is $14.89. Now, the first resistance to watch is $16.76. This is followed by the second major resistance level at $17.12. The third major resistance level sits at $17.81. If the price goes on to break the first support level at $15.71, it is likely to go to the next support level at $15.02. Should the price break the second support level, the third support level stands at $14.66.
Neogenomics Inc (NASDAQ: NEO) Key Stats
With a market capitalization of 2.24 billion, the company has a total of 128,361K Shares Outstanding. Currently, annual sales are 591,640 K while annual income is -87,970 K. The company’s previous quarter sales were 167,820 K while its latest quarter income was -17,700 K.
