Neogen traded at $8.19 this Friday May 15th, decreasing $0.24 or 2.85 percent since the previous trading session. Looking back, over the last four weeks, Neogen lost 11.36 percent. Over the last 12 months, its price rose by 23.90 percent. Looking ahead, we forecast Neogen to be priced at 8.03 by the end of this quarter and at 7.55 in one year, according to Trading Economics global macro models projections and analysts expectations.
Neogen Corporation is a developer, manufacturer, and marketer of a range of products and services dedicated to food and animal safety. The Company operates through two segments: Food Safety and Animal Safety. The Food Safety segment is primarily engaged in the development, production and marketing of diagnostic test kits, culture media and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens, and levels of general sanitation. The Animal Safety segment is primarily engaged in the development, production and marketing of products dedicated to animal safety, including consumable products marketed to veterinarians and animal health product distributors. This segment also provides genomic identification and related interpretive bioinformatic services. Additionally, the Animal Safety segment produces and markets rodenticides, disinfectants and insecticides.