Geode Capital Management LLC acquired a new position in shares of Neonode, Inc (NASDAQ:NEON) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 17,533 shares of the electronics maker’s stock, valued at approximately $29,000.
Separately, ValuEngine cut shares of Neonode from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd.
Neonode stock opened at $3.16 on Friday. Neonode, Inc has a 12-month low of $1.31 and a 12-month high of $4.90. The company has a current ratio of 3.57, a quick ratio of 3.13 and a debt-to-equity ratio of 0.15.
Neonode Company Profile
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, Germany, China, Taiwan, South Korea, and internationally. It develops optical touch and gesture solutions for human interaction with devices.
Further Reading: Support Level
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