Neogen Stock Price on February 28, 2024
| NEOG Stock | USD 14.98 0.40 2.74% |
Below is the normalized historical share price chart for Neogen extending back to August 23, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Neogen stands at 14.98, as last reported on the 22nd of November, with the highest price reaching 15.31 and the lowest price hitting 14.56 during the day.
If you're considering investing in Neogen Stock, it is important to understand the factors that can impact its price. Neogen has Sharpe Ratio of -0.0742, which conveys that the firm had a -0.0742% return per unit of risk over the last 3 months. Neogen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neogen's Mean Deviation of 2.1, risk adjusted performance of (0.03), and Standard Deviation of 2.76 to check out the risk estimate we provide.
At this time, Neogen's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Neogen's current Other Stockholder Equity is estimated to increase to about 2.7 B, while Capital Stock is projected to decrease to roughly 22.1 M. . At this time, Neogen's Price To Operating Cash Flows Ratio is most likely to increase significantly in the upcoming years. The Neogen's current Price Cash Flow Ratio is estimated to increase to 84.76, while Price Book Value Ratio is projected to decrease to 0.86. Neogen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of August 1989 | 200 Day MA 15.3181 | 50 Day MA 15.2714 | Beta 1.223 |
Neogen |
Sharpe Ratio = -0.0742
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEOG |
Estimated Market Risk
| 2.73 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Neogen is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Neogen by adding Neogen to a well-diversified portfolio.
Price Book 1.0299 | Enterprise Value Ebitda 23.9288 | Price Sales 3.4636 | Shares Float 200.6 M | Wall Street Target Price 16.5 |
Related Headline
Medpace Holdings Headline on 28th of February 2024
Disposition of 50000 shares by Medpace Investors, Llc of Med... by Medpace Investors, Llc
Filed transaction by Medpace Holdings 10 Percent Owner. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Neogen Valuation on February 28, 2024
It is possible to determine the worth of Neogen on a given historical date. On February 28, 2024 Neogen was worth 17.12 at the beginning of the trading date compared to the closed value of 17.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Neogen stock. Still, in general, we apply an absolute valuation method to find Neogen's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Neogen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Neogen's related companies.
| Open | High | Low | Close | Volume | |
| 16.98 | 17.34 | 16.86 | 17.27 | 1,024,322 | |
02/28/2024 | 17.12 | 17.50 | 17.01 | 17.12 | 1,083,811 |
| 17.47 | 17.73 | 17.06 | 17.19 | 1,341,962 |
| Backtest Neogen | | | Neogen History | | | Neogen Valuation | Previous | Next |
Neogen Trading Date Momentum on February 28, 2024
| On February 29 2024 Neogen was traded for 17.19 at the closing time. The top price for the day was 17.73 and the lowest listed price was 17.06 . The trading volume for the day was 1.3 M. The trading history from February 29, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 0.41% . The trading delta at closing time against the current closing price is 4.50% . |
Neogen Fundamentals Correlations and Trends
By evaluating Neogen's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Neogen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Neogen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Neogen Stock history
Neogen investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Neogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Neogen will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Neogen stock prices may prove useful in developing a viable investing in Neogen
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 216.5 M | 227.3 M | |
| Net Loss | -26.3 M | -25 M |
Neogen Quarterly Net Working Capital |
|
Neogen Stock Technical Analysis
Neogen technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Neogen Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Neogen cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Neogen November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Neogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Neogen shares will generate the highest return on investment. By undertsting and applying Neogen stock market strength indicators, traders can identify Neogen entry and exit signals to maximize returns
Neogen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Neogen's price direction in advance. Along with the technical and fundamental analysis of Neogen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Neogen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.08) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Neogen Stock analysis
When running Neogen's price analysis, check to measure Neogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |