With 1.3 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.83 million shares. The 52-week range on NOTE shows that it touched its highest point at $2.07 and its lowest point at $0.56 during that stretch. It currently has a 1-year price target of $2.85. Beta for the stock currently stands at 0.69.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NOTE was up-trending over the past week, with a rise of 6.12%, but this was up by 11.26% over a month. Three-month performance dropped to -60.81% while six-month performance fell -10.26%. The stock lost -53.39% in the past year, while it has lost -35.53% so far this year. A look at the trailing 12-month EPS for NOTE yields -0.33 with Next year EPS estimates of -0.19. For the next quarter, that number is -0.06. This implies an EPS growth rate of -400.00% for this year and 8.57% for next year.
Float and Shares Shorts:
At present, 143.76 million NOTE shares are outstanding with a float of 123.09 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NOTE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.07192332 being high and $0.06 being low. For NOTE, this leads to a yearly average estimate of $0.07. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.04.
