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 $2.43, up 1.67% from the previous day, and has decreased 66.2% in one year. It has underperformed other stocks in the Electronic Components industry by 0.79 percentage points. Neonode stock is currently +138.24% from its 52-week low of $1.02, and -72.91% from its 52-week high of $8.97.
There are currently 15.36M shares of NEON outstanding. The market cap of NEON is $37.32M. In the past 24 hours, 178,607 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
Based on our analysis, eToro is the best brokerage. Here's why:
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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/B ratio of 2.17x, relative to Electronic Components industry P/B ratio of 3.5x
You can access additional valuation research on NEON's stock here.
NEON Financial Health Overview
Passed Financial Due Diligence Checks:
- Total NEON debt is lower than 5 years ago, relative to shareholder equity.
- NEON has cash burn of 6431000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the NEON balance sheet.
- NEON has $16.16M in cash and short term investments. This is enough to cover its annual cash burn of $6.43M.
- There are more short-term assets than long-term liabilities on the NEON balance sheet.
- NEON has a low debt to equity ratio of 0.11.
Failed Financial Due Diligence Checks:
- NEON profit margin has gone down from -86.1% to -227.5% in the past year.
NEON Technical Indicators
Is NEON Making Money?
Last year, NEON revenue was $4.45M. Over the last five year, NEON's revenue has increased by -12.22% per year. This was slower than the Electronic Components industry average of 6.27%.
Dig into NEON's earnings and revenue performance here.
Are NEON insiders buying or selling the stock?
Over the last year, executives and large shareholders at NEON have not bought or sold any shares.
Dig into more about who owns NEON stock here.
Does NEON provide a stable income stream?
No, Neonode doesn't provide an income stream by paying out dividends.
What others are saying about NEON
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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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 possible price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your investment in NEON
Now that you own some NEON shares, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to get the latest updates about your NEON stock.
NEON Feed
How to Buy Stock in Neonode
To reiterate, here are the 6 steps you need to take to buy Neonode stock right now:
- 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 need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your new investment in Neonode, click the button below.
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