Media headlines about Neonode (NASDAQ:NEON) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Neonode earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 47.8220160622204 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

Several research analysts have weighed in on the company. Zacks Investment Research upgraded Neonode from a “sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine cut Neonode from a “hold” rating to a “sell” rating in a research report on Monday, October 16th.

Shares of Neonode (NASDAQ NEON) remained flat at $$0.50 during midday trading on Tuesday. The company’s stock had a trading volume of 44,900 shares, compared to its average volume of 294,915. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.12 and a quick ratio of 2.59. Neonode has a one year low of $0.46 and a one year high of $1.80. The company has a market cap of $29.30, a P/E ratio of -7.14 and a beta of 0.93.

In related news, Director Ulf Rosberg purchased 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The shares were bought at an average price of $0.90 per share, for a total transaction of $90,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 14.90% of the stock is currently owned by company insiders.

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About Neonode

Neonode Inc, formerly SBE, Inc, develops and licenses user interfaces and optical infrared touch solutions. The Company’s technology offers multiple features, including the ability to sense an object’s size, depth, velocity, pressure and proximity to any type of surface. It operates through the touch technology licensing business segment.

Insider Buying and Selling by Quarter for Neonode (NASDAQ:NEON)

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