Neogen Corp (NASDAQ: NEOG) kicked off on Friday, up 3.64% from the previous trading day, before settling in for the closing price of $12.37. Over the past 52 weeks, NEOG has traded in a range of $11.46-$20.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Healthcare sector has jumped its sales by 18.78% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 91.67%. With a float of $216.15 million, this company’s outstanding shares have now reached $216.70 million.
In an organization with 2917 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 49.56%, operating margin of 5.08%, and the pretax margin is -3.46%.
Neogen Corp (NEOG) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Neogen Corp is 0.25%, while institutional ownership is 117.84%. The most recent insider transaction that took place on Oct 11 ’24, was worth 200,100. In this transaction CEO of this company bought 14,500 shares at a rate of $13.80, taking the stock ownership to the 216,477 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Director bought 3,000 for $16.86, making the entire transaction worth $50,571. This insider now owns 23,392 shares in total.
Neogen Corp (NEOG) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.67% per share during the next fiscal year.
Neogen Corp (NASDAQ: NEOG) Trading Performance Indicators
Take a look at Neogen Corp’s (NEOG) current performance indicators. Last quarter, stock had a quick ratio of 2.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of Neogen Corp (NEOG)
Let’s dig in a bit further. During the last 5-days, its volume was 2.06 million. That was better than the volume of 1.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.18%. Additionally, its Average True Range was 0.68.
During the past 100 days, Neogen Corp’s (NEOG) raw stochastic average was set at 8.28%, which indicates a significant decrease from 15.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.09% in the past 14 days, which was higher than the 45.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.64, while its 200-day Moving Average is $15.15. However, in the short run, Neogen Corp’s stock first resistance to watch stands at $13.05. Second resistance stands at $13.29. The third major resistance level sits at $13.66. If the price goes on to break the first support level at $12.44, it is likely to go to the next support level at $12.07. Assuming the price breaks the second support level, the third support level stands at $11.83.
Neogen Corp (NASDAQ: NEOG) Key Stats
The company with the Market Capitalisation of 2.88 billion has total of 216,698K Shares Outstanding. Its annual sales at the moment are 924,220 K in contrast with the sum of -9,420 K annual income. Company’s last quarter sales were recorded 216,960 K and last quarter income was -12,610 K.
