The stock of AudioEye Inc (AEYE) has seen a 16.15% increase in the past week, with a 13.70% gain in the past month, and a 21.33% flourish in the past quarter. The volatility ratio for the week is 6.24%, and the volatility levels for the past 30 days are at 7.67% for AEYE. The simple moving average for the past 20 days is 9.56% for AEYE’s stock, with a 59.24% simple moving average for the past 200 days.
Is It Worth Investing in AudioEye Inc (NASDAQ: AEYE) Right Now?
The 36-month beta value for AEYE is at 1.01. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AEYE is 5.99M, and currently, shorts hold a 13.87% of that float. The average trading volume for AEYE on October 16, 2024 was 176.37K shares.
AEYE) stock’s latest price update
The stock of AudioEye Inc (NASDAQ: AEYE) has increased by 7.84 when compared to last closing price of 23.47.Despite this, the company has seen a gain of 16.15% in its stock price over the last five trading days. zacks.com reported 2024-10-10 that AudioEye (AEYE) closed the most recent trading day at $22.10, moving -1.3% from the previous trading session.
Analysts’ Opinion of AEYE
Many brokerage firms have already submitted their reports for AEYE stocks, with ROTH MKM repeating the rating for AEYE by listing it as a “Buy.” The predicted price for AEYE in the upcoming period, according to ROTH MKM is $25 based on the research report published on June 21, 2024 of the current year 2024.
H.C. Wainwright gave a rating of “Buy” to AEYE, setting the target price at $28 in the report published on June 07th of the previous year.
AEYE Trading at 13.06% from the 50-Day Moving Average
After a stumble in the market that brought AEYE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.62% of loss for the given period.
Volatility was left at 7.67%, however, over the last 30 days, the volatility rate increased by 6.24%, as shares surge +21.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.37% upper at present.
During the last 5 trading sessions, AEYE rose by +16.15%, which changed the moving average for the period of 200-days by +386.73% in comparison to the 20-day moving average, which settled at $23.10. In addition, AudioEye Inc saw 366.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AEYE starting from Bettis Carr, who sale 7,330 shares at the price of $20.46 back on Jun 12 ’24. After this action, Bettis Carr now owns 425,045 shares of AudioEye Inc, valued at $149,994 using the latest closing price.
Fleming Katherine E., the Director of AudioEye Inc, purchase 7,330 shares at $20.46 during a trade that took place back on Jun 12 ’24, which means that Fleming Katherine E. is holding 23,461 shares at $149,994 based on the most recent closing price.
Stock Fundamentals for AEYE
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.78 for the gross margin
The net margin for AudioEye Inc stands at -0.11. The total capital return value is set at -0.23. Equity return is now at value -52.30, with -16.21 for asset returns.
Based on AudioEye Inc (AEYE), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.44. The interest coverage ratio of the stock is 7.67.
Currently, EBITDA for the company is -2.9 million with net debt to EBITDA at -17.88. When we switch over and look at the enterprise to sales, we see a ratio of 9.39. The receivables turnover for the company is 5.95for trailing twelve months and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
In conclusion, AudioEye Inc (AEYE) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
