Neonode Inc. with ticker code (NEON) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 12 and 8 calculating the average target price we see 10. Given that the stocks previous close was at 6.95 this would imply there is a potential upside of 43.9%. The 50 day moving average now sits at 7.57 and the 200 moving average now moves to 8.43. The market capitalisation for the company is $82m. You can visit the company’s website by visiting: http://www.neonode.com
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, China, Germany, and internationally. It develops optical touch and gesture solutions for human interaction with devices. The company licenses its touch technology to original equipment manufacturers and Tier 1 suppliers. It also provides engineering consulting services. The company sells Neonode branded sensor products, such as AirBar products through distributors and directly to consumers. Neonode Inc. was incorporated in 1997 and is headquartered in Stockholm, Sweden.