Neonode (NASDAQ:NEON) Raised to Buy at ValuEngine
Shares of NEON stock opened at $2.96 on Tuesday. Neonode has a 1-year low of $1.31 and a 1-year high of $4.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.13 and a current ratio of 3.57.
Neonode (NASDAQ:NEON) last issued its earnings results on Wednesday, May 8th. The electronics maker reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.02. The company had revenue of $2.01 million during the quarter. Neonode had a negative return on equity of 37.07% and a negative net margin of 35.96%.
Neonode Inc, together with its subsidiaries, develops and licenses user interface and optical interactive touch solutions under the zForce brand in the United States, Japan, Germany, China, Taiwan, South Korea, and internationally. It develops optical touch and gesture solutions for human interaction with devices.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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