Neonode, Inc. Stock Plummets to New 52-Week Low of $2.79

Neonode, Inc., a microcap company in the Other Electrical Equipment industry, has reached a new 52-week low of USD 2.79 on November 3, 2025. This significant decline highlights the company's ongoing struggles, as it has reported a one-year performance of -58.24%, underperforming the S&P 500, which has seen a return of 19.89% during the same period.
The company's market capitalization stands at USD 81 million, and it has been grappling with financial difficulties, including a negative return on equity of -49.83%. Neonode's recent financial results indicate a decline in net sales, which fell by 54.39% year-over-year to USD 1.11 million. Additionally, the company's debt-to-equity ratio is concerning at -1.02, reflecting potential liquidity issues.

Despite a previous period of positive performance, Neonode's recent financial metrics suggest a challenging environment, with rising raw material costs and a low debtors turnover ratio of 2.81 times. As the stock touches its 52-week low, it underscores the need for the company to address its operational and financial hurdles effectively.