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Is Neonode, Inc (NEON) a Poor Choice in the Technology Sector?

Thursday, January 04, 2024 11:09 AM | InvestorsObserver Analysts

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Is Neonode, Inc (NEON) a Poor Choice in the Technology Sector?

Neonode, Inc (NEON) is around the bottom of the Technology sector according to InvestorsObserver. NEON received an overall rating of 28, which means that it scores higher than 28% of stocks. Additionally, Neonode, Inc scored a 16 in the Technology sector, ranking it higher than 16% of stocks in that sector.

Overall Score - 28
NEON has an Overall Score of 28. Find out what this means to you and get the rest of the rankings on NEON!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 28 means the stock is more attractive than 28 percent of stocks. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Neonode, Inc Stock Today?

Neonode, Inc (NEON) stock is trading at $2.25 as of 10:55 AM on Thursday, Jan 4, a gain of $0.12, or 5.63% from the previous closing price of $2.13. The stock has traded between $2.15 and $2.30 so far today. Volume today is less active than usual. So far 18,758 shares have traded compared to average volume of 93,047 shares. Click Here to get the full Stock Report for Neonode, Inc stock.

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