According to- the latest data, investors are looking at NeoGenomics, Inc. (NASDAQ:NEO)’s- short data and trying to figure out- market sentiment on which way- the market thinks- the stock is moving. The firm has- 12.14% of total shares float short, yielding a short ratio of 7.04.
Investors will most likely be looking ahead to the next round of company earnings reports. As the reports come in, all eyes will be on the companies that post wide margin earnings beats or misses. Many investors will be closely tracking which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely odd is occurring after crunching the numbers.
When dealing with the stock market, investors have to be constantly on their toes. Investors who have had success in the past using a certain method for stock picking may eventually realize that the method no longer produces the same results as it once did. Expecting that the market environment will change and being able to react to those changes can greatly help the investor when the time comes. While investor confidence can be a positive thing, complacency can lead to future frustration and poor portfolio performance. Seasoned investors know that no bull market will last forever just as no bear market will last forever. Being prepared for any situation can greatly help the investor navigate the market when changes do occur.
Shorting a stock can be very risky if the price doesn-rsquo;t decline like planned and, in fact, increases.- It-rsquo;s important for any investor to understand the dangers and potentially catastrophic financial losses of short selling.
RECENT PERFORMANCE AND RECOMMENDATION
Let’s take a look at how the stock has been performing recently.- Over the past twelve months, NeoGenomics, Inc. (NASDAQ:NEO)’s stock was 31.17%.- Over the last week of the month, it was 0.18%, -10.30% over the last quarter, and- 17.56% for the past six months.-
Over the past 50 days, NeoGenomics, Inc. stock’s -3.68% off of the high and 49.32% removed from the low.- Their 52-Week High and Low are noted here.- -13.34% away from the high and 133.05%- from the low.-
There are many different strategies that investors use when entering the stock market. Beating the market is no easy task, and many veteran investors would echo that sentiment. When following the day to day happenings in the stock market, it can be easy to get distracted. There is a lot of emphasis on what is happening in the moment, and it can be tempting for investors to get caught up in the chaos. Everyday market fluctuations can sometimes cause investors to second guess their stock selections. Investors who are able to filter out the noise and focus on the most pertinent information may find themselves in an elevated position in relation to the rest of the investing field.-
The consensus analysts recommendation at this point stands at 1.40 on NeoGenomics, Inc. (NASDAQ:NEO).- This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell.- The same analysts are predicting that the company shares will trade to $19.88 within the next 12-18 months.-