Finance

Momentum Stocks in Concentration: Neonode Inc. (NASDAQ:NEON) & Broadway Financial Corporation (NASDAQ:BYFC)

Neonode Inc. (NASDAQ:NEON)

Neonode is a company that designs, develops and sells patented technologies and products focused on unique user experiences. With offices in Stockholm, Sweden and San Ramon, California, Neonode Inc. is a company with licenses and products sold worldwide through both direct web sales and local distribution partners.

Neonode Inc. (NASDAQ:NEON)’s Financial Overview

Neonode Inc. (NASDAQ) surged 7.14% yesterday to close its trading session at $2.4. The company has 1 year Price Target of $3. Neonode Inc. has 52-Week high of $7.7 and 52-Week Low of $1.31. The stock touched its 52-Week High on 8.00 and 52-Week Low on 1.31. The stock traded with the volume of 28214 shares yesterday. The firm shows the market capitalization of $13.1 Million.

Neonode Inc. (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $-0.14/share against the analyst consensus estimate of $-0.2/share. The difference between the actual and expected EPS is $0.06 a share with a surprise factor of 30%.

The firm is trading with SMA20 of 30.79 Percent, SMA50 of 28.11 Percent and SMA200 of -23.08 percent. Neonode Inc. has P/S value of 1.39 while its P/B value stands at 1.82. Similarly, the company has Return on Assets of -35.7 percent, Return on Equity of -47.6 percent and Return on Investment of -48 Percent. The company shows Gross Margin and Operating Margin of 77 percent and -52 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 0 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

There is no forecast data available.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Broadway Financial Corporation (NASDAQ:BYFC)

Broadway Financial Corporation’s principal business is serving as a holding company for Broadway Federal. The company’s and Broadway Federal’s results of operations are dependent primarily on net interest income, which is the difference between the interest income earned on its interest-earning assets, such as loans and investments, and the interest expense on interest-bearing liabilities, such as deposits and borrowings.

Broadway Financial Corporation (NASDAQ:BYFC)’s Financial Outlook

The 1 analysts offering 12-month price forecasts for Broadway Financial Corp have a median target of 15.00, with a high estimate of 15.00 and a low estimate of 15.00. The median estimate represents a +1,119.61% increase from the last price of 1.23.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

The Stock surged 3.35% and closed its last trading session at $1.23. The company has the market capitalization of $22.2 Million. The stock has 52-week high of $2.54 and 52-Week low of $0.95. The firm touched its 52-Week high on 2.55 and 52-Week low on 0.95. The company has volume of 1047 shares. The company has a total of 18.05 Million shares outstanding.

The company has YTD performance of 17.13 percent. Beta for Broadway Financial Corporation stands at 1.16 while its ATR (average true range) is 0.1. The company has Weekly Volatility of 6.34%% and Monthly Volatility of 9.74%%.

Broadway Financial Corporation has distance from 20-day Simple Moving Average (SMA20) of 6.35%, Distance from 50-Day Simple Moving Average of -1.76 percent and Distance from 200-Day Simple Moving Average of -28.31%.

The Company currently has ROA (Return on Assets) of 0 percent, Return on Equity (ROE) of 0.3 Percent and Return on Investment (ROI) of 22.1% with Gross margin of 0 percent and Operating & Profit margin of 77.9% and 0.9% respectively.