Neonode: Skin in the Contactless Game
Redeye elevates the HMI products estimates due to new opportunities for contactless touch in self-checkout kiosks, ATMs and elevators, but lowers the assumptions for automotive. We maintain our current valuation. Shares are up about 600% since the bottom in March, but this has not stopped insiders from buying. A larger order could lead to the reaching of new highs.