Neonode, Inc. Stock Plummets to New 52-Week Low of $2.73

Neonode, Inc., a microcap company in the Other Electrical Equipment industry, has reached a new 52-week low of USD 2.73 on November 4, 2025. This significant decline highlights the company's ongoing struggles in a challenging market environment. Over the past year, Neonode has experienced a performance drop of 60.87%, contrasting sharply with the S&P 500's gain of 19.89% during the same period.
The company's financial metrics reveal a concerning picture, with a negative return on equity of -49.83% and a debt-to-equity ratio of -1.02. Neonode's recent financial results indicate a decline in net sales, which fell by 54.39% to USD 1.11 million, following two consecutive quarters of positive growth. Additionally, the company's raw material costs have increased by 12.24% year-over-year, further straining its financial position.

With a market capitalization of USD 81 million and a price-to-book ratio of 6.43, Neonode's current valuation reflects its ongoing challenges. The stock's performance metrics suggest a need for significant improvement as it navigates a difficult landscape in the electrical equipment sector.