NeoPhotonics Corporation s trend and data analysis indicates that the stock price has dropped -15.95% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -43.88% . Looking at the past 52 week period, the stock price is down -27.68% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of NeoPhotonics Corporation has a negative value of -8.67 compared to overall market performance.NeoPhotonics Corporation is having a Relative Strength Index of 41.41 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of NeoPhotonics Corporation (NYSE:NPTN) rallied by 1.78% during the past week but lost 23.71% on a 4-week basis. The company has outperformed the S&P 500 by 1.53% in the past week but underperformed the index by 24.58% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. NeoPhotonics Corporation (NYSE:NPTN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.09 points or 0.97% at $9.17 with 1,654,934 shares getting traded. Post opening the session at $9.31, the shares hit an intraday low of $9.06 and an intraday high of $9.44 and the price was in this range throughout the day. The company has a market cap of $388 million and the number of outstanding shares has been calculated to be 42,324,000 shares. The 52-week high of NeoPhotonics Corporation (NYSE:NPTN) is $18.51 and the 52-week low is $6.9.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.NeoPhotonics Corp was Reiterated by Needham on Mar 15, 2017 to Strong Buy, Lowers Price Target to $ 13 from a previous price target of $17 .NeoPhotonics Corp was Reiterated by Needham on Dec 20, 2016 to Strong Buy, Lowers Price Target to $ 17 from a previous price target of $24 .
Company has reported several Insider transactions to the SEC, on Aug 19, 2016, Timothy Storrs Jenks (CEO) sold 22,666 shares at 15.04 per share price.On Aug 19, 2016, Yuen Wupen (VICE PRESIDENT GLOBAL PRODUCT) sold 3,400 shares at 15.00 per share price.On Aug 16, 2016, Ray Wallin (SVP, CFO) sold 10,000 shares at 14.55 per share price.
NeoPhotonics Corp Last issued its quarterly earnings results on Mar 14, 2017. The company reported $0.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.08. The company had revenue of $109.84 million for the quarter, compared to analysts expectations of $106.96 million. The companys revenue was up 23.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS.
NeoPhotonics Corporation is engaged in the design and manufacture of photonic integrated circuit, or PIC, based modules and subsystems for bandwidth-intensive, high-speed communications networks. Products offered by the Company includes high-speed products that enable data transmission at 10Gbps, 40Gbps and 100Gbps, agility products such as ROADMs that dynamically allocate bandwidth to adjust for volatile traffic patterns, and access products that provide high-bandwidth connections to more devices and people over fixed and wireless networks.