Neogen Corp (NASDAQ: NEOG) kicked off on Tuesday, up 0.83% from the previous trading day, before settling in for the closing price of $12.12. Over the past 52 weeks, NEOG has traded in a range of $11.46-$20.81.
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 31.25%. 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
According to the Wall Street analysts, stocks earnings will be around 31.25% 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 2.90.
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 0.08 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 2.48 million. That was better than the volume of 1.92 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 40.51%. Additionally, its Average True Range was 0.59.
During the past 100 days, Neogen Corp’s (NEOG) raw stochastic average was set at 11.02%, which indicates a significant decrease from 35.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.80% in the past 14 days, which was higher than the 45.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.96, while its 200-day Moving Average is $14.87. However, in the short run, Neogen Corp’s stock first resistance to watch stands at $12.33. Second resistance stands at $12.44. The third major resistance level sits at $12.61. If the price goes on to break the first support level at $12.05, it is likely to go to the next support level at $11.88. Assuming the price breaks the second support level, the third support level stands at $11.77.
Neogen Corp (NASDAQ: NEOG) Key Stats
The company with the Market Capitalisation of 2.65 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.
