Full Answer
Why is Nio stock going down?
Mar 29, 2022 · NeoGenomics Inc. (NEO) has plunged -30.75% to $12.32 in pre-market trading hours on the last check Tuesday. The stock of NeoGenomics (NEO) gained 1.14% to complete the last trading session at $17.79. The price range of the …
Why are Chinese stocks down Monday?
Feb 26, 2021 · Why NeoPhotonics Stock Is Falling Some investors were unhappy with the company's recent quarter. What happened Shares of NeoPhotonics ( NPTN -0.46% ) tumbled today after the company released its...
Did Nio's automotive deliveries slow in February?
Mar 25, 2022 · Why Nio Stock Is Falling Hard Today By Chris Neiger - Mar 25, 2022 at 11:10AM Key Points The company beat Wall Street's consensus estimate for revenue in the fourth quarter. Some investors were...
Why did Bank of America raise Nio’s volume sales forecast?
Mar 11, 2022 · Why Nio Stock Is Falling Today. By Chris Neiger - Mar 11, 2022 at 12:51PM Key Points. Investors are concerned about the potential for Chinese stocks to be delisted from U.S. exchanges. Nio ...
Why is NEO stock down?
NeoGenomics Inc. Chief Executive Mark Mallon stepped down Monday as the health-testing company revealed that first-quarter financials will miss guidance and rescinded its forecast for the full year, sending shares down more than 20% in after-hours trading.
Is NEO stock a good buy?
Out of 8 analysts, 3 (37.5%) are recommending NEO as a Strong Buy, 4 (50%) are recommending NEO as a Buy, 1 (12.5%) are recommending NEO as a Hold, 0 (0%) are recommending NEO as a Sell, and 0 (0%) are recommending NEO as a Strong Sell.
Is NEO stock expected to rise?
Stock Price Forecast The 11 analysts offering 12-month price forecasts for Neogenomics Inc have a median target of 20.00, with a high estimate of 28.00 and a low estimate of 16.00. The median estimate represents a +77.15% increase from the last price of 11.29.
Should I sell NeoGenomics stock?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeoGenomics in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NeoGenomics stock.
Is NEO an ETF?
NEO has developed a solid track record in listing ETFs and CEFs. Our success is directly tied to our ability to listen to the issuer, offer innovative solutions and ongoing support, and provide a market data experience that surpasses the competition.
What is the target price for NEO?
Stock Price Target NEOHigh$28.00Median$20.00Low$16.00Average$21.45Current Price$11.25
What kind of stock is NEO?
NEO ExchangeTypeStock ExchangeFoundedMarch 27, 2015OwnerAequitas InnovationsCurrencyCADNo. of listings153 (July 2021)4 more rows
What does NEO mean in stocks?
NEO. Abbreviation for nonequity options, which are options contracts on foreign currencies, debt issues, commodities, and stock indexes.
Is NeoGenomics publicly traded?
Our stock is traded on the NASDAQ under the symbol NEO.May 10, 2017
Why NIO stock is falling
In general, NIO stock has remained weak the past few weeks due to China’s crackdown on Chinese firms. This negative sentiment impacted most of the other listed Chinese names, including EVs. NIO reported its results for the second quarter of 2021 on Aug. 11 after the markets closed.
When will NIO launch its sedan?
On the earnings call, NIO mentioned that it plans to deliver three new car models next year, including its first sedan ET7. While the company aims to deliver this vehicle to Chinese consumers in early 2022, it will introduce it in Norway later in the year. The automaker also plans to make its first mass-market vehicle under another marquee.
NIO's stock forecast
NIO stock has a consensus buy rating. Among the 17 analysts covering the stock, 65 percent recommend a buy. The other 35 percent have a hold rating on the stock. NIO’s target price of $57.6 suggests an upside of 34 percent.
Will NIO stock go up in 2021?
There are a lot of positive catalysts for NIO stock that could propel it higher in 2021. The company forecasts deliveries of between 23,000 and 25,000 for the third quarter, which is a rise of 88 percent–105 percent YoY. It foresees a rise in revenues of between $1.38 billion and $1.49 billion, up 97 percent–113 percent YoY.
Is NIO stock a good buy now?
NIO stock is trading 32 percent down from its peak in 2021 and 20 percent down since the end of June. Its NTM EV-to-revenue multiple is currently 9.3x, which is almost half the multiple that it was trading at by the end of December 2020. Many positive developments have unfolded for the stock since then.
