StockNews.com upgraded shares of Neonode (NASDAQ:NEON – Free Report) to a sell rating in a research note published on Friday morning.
Separately, LADENBURG THALM/SH SH started coverage on Neonode in a research report on Friday, October 18th. They set a “buy” rating and a $16.50 price target for the company.
Check Out Our Latest Stock Report on Neonode
Neonode Price Performance
Neonode (NASDAQ:NEON – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The electronics maker reported ($0.11) EPS for the quarter. The company had revenue of $1.42 million during the quarter. Neonode had a negative return on equity of 64.05% and a negative net margin of 247.41%. As a group, analysts anticipate that Neonode will post -0.48 EPS for the current year.
Neonode Company Profile
Neonode Inc, together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, Germany, Switzerland, France, Sweden, China, and internationally. It also offers software solutions for machine perception to detect and track persons and objects in video streams from cameras and other types of imagers.
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