AudioEye, Inc. (AEYE) Surges to 1 Year Low, Is Now Worst Performer
The stock of AudioEye, Inc. (NASDAQ:AEYE) hit a new 52-week low and has $3.88 target or 7.00 % below today’s $4.17 share price. The 6 months bearish chart indicates high risk for the $31.93 million company. The 1-year low was reported on Aug, 15 by Barchart.com. If the $3.88 price target is reached, the company will be worth $2.23M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.
The stock decreased 23.97% or $1.315 during the last trading session, reaching $4.17. About 84,609 shares traded or 227.29% up from the average. AudioEye, Inc. (NASDAQ:AEYE) has 0.00% since August 15, 2018 and is ...