How to Buy Neonode Stock
Neonode Inc
Neonode Inc. , together with its subsidiaries, develops optical sensing solutions for contactless touch, touch, and gesture sensing in the United States, Japan, South Korea, China, and internationally.
Neonode stock last closed at $2.01, up 1.01% from the previous day, and has decreased 75.78% in one year. It has underperformed other stocks in the Electronic Components industry by 1.18 percentage points. Neonode stock is currently +5.24% from its 52-week low of $1.91, and -93.28% from its 52-week high of $29.90.
There are currently 16.78M shares of NEON outstanding. The market cap of NEON is $33.73M. In the past 24 hours, 227,000 NEON shares were traded.
How to Buy Neonode Stock
Not sure how to invest in Neonode stock? Here's how.
- Choose where to buy Neonode stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Neonode stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your payment method and add your info.
- Analyze Neonode stock: The Neonode ticker symbol is NEON. Is Neonode stock a good investment? Should you buy shares of NEON? How do NEON's underlying business fundamentals look? Do top analysts think Neonode is a good buy? Why has NEON's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NEON is a good stock to buy).
- Execute your NEON purchase: Decide if you will purchase NEON shares at the current market price or use a limit order to purchase NEON shares at a particular price.
- Get notifications regarding your investment in NEON: Create a watchlist to keep tabs on your position in Neonode shares.
Step 1: Choose where to buy Neonode stock
You will need an online brokerage account to access the NASDAQ market and buy NEON stock.
Our favorite brokerage: eToro
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- Buy other financial assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to buy NEON today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on one of the most highly reviewed stock trading apps, you need to deposit funds:
Check out this video walkthrough if you need help transferring money into your new brokerage account.
Step 4: Analyze Neonode stock
After you have selected the best place to buy Neonode stock, it's very important to evaluate their stock before you invest, so you truly comprehend the risk and upside.
Neonode Numbers
NEON Due Diligence Checks
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on NEON's stock page.
Is NEON stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NEON's intrinsic value.
Using relative valuations ratios:
- NEON may be undervalued based on its P/E ratio of 3.72x, relative to Electronic Components industry P/E ratio of 43.54x
- NEON could be undervalued based on its P/B ratio of 1.26x, relative to Electronic Components industry P/B ratio of 7x
You can access more valuation research on NEON's stock here.
NEON Financial Health Overview
Passed Financial Due Diligence Checks:
- NEON has $11.59M in cash and short term investments. This is enough to cover its annual cash burn of $5.89M.
- There are more short-term assets than long-term liabilities on the NEON balance sheet.
- There are more short-term assets than short-term liabilities on the NEON balance sheet.
- NEON has cash burn of 5891000. It has enough cash and short-term investments to cover this for at least one year.
- NEON profit margin has gone up from -339.9% to 408.9% in the past year.
- NEON has a low debt to equity ratio of 0.22.
- Total NEON debt is lower than 5 years ago, relative to shareholder equity.
Is it a good time to buy Neonode stock, according to Wall Street analysts?
Out of 1 sell side analysts who track NEON, the consensus analyst rating on Neonode is a Hold
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Neonode stock forecast page.
NEON Technicals
NEON Growth Numbers
Last year, NEON revenue was $2.20M. In the past 5 year, NEON's revenue has gone up by -15.7% per year. This was slower than the Electronic Components industry average of 12.19%.
Find out more about NEON's earnings and revenue performance here.
Who is buying/selling NEON?
Over the last year, insiders at NEON have not bought or sold any shares.
Dig into more about who owns NEON shares here.
Can I get consistent income from NEON stock?
No, Neonode doesn't provide an income stream by paying out dividends.
NEON Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your NEON purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your investment in NEON
Now that you own some NEON stock, you'll want to keep up with your new shares.
Put NEON on a watchlist to see the latest developments about your NEON stock.
NEON Feed
How to Buy Stock in Neonode
To reiterate, here are the 6 steps to buy stock in Neonode:
- Choose where to buy Neonode stock
- Sign up for a brokerage account
- Fund your brokerage account
- Analyze Neonode stock
- Execute your NEON purchase
- Get notifications regarding your investment in NEON
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Neonode, get started below.
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