Neonode Inc (NASDAQ: NEON) stock closed at $8.16 on 11/22/24 after a major increase of 16.6%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 30.4% during the last week.
Current PriceTarget Research Rating
Neonode has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Neonode has a very low Appreciation Score of 4 but a very high Power Rating of 100, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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