Vuzix Corporation [NASDAQ: VUZI] loss -21.86% on the last trading session, reaching $4.11 price per share at the time.
If compared to the average trading volume of 2.08M shares, VUZI reached a trading volume of 5483538 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Vuzix Corporation [VUZI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VUZI shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VUZI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Vuzix Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 10, 2023. While these analysts kept the previous recommendation, Dawson James raised their target price to Buy. The new note on the price target was released on December 21, 2021, representing the official price target for Vuzix Corporation stock.
The Average True Range (ATR) for Vuzix Corporation is set at 0.65, with the Price to Sales ratio for VUZI stock in the period of the last 12 months amounting to 54.52. The Price to Book ratio for the last quarter was 7.65, with the Price to Cash per share for the same quarter was set at 0.19.
Trading performance analysis for VUZI stock
Vuzix Corporation [VUZI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.86. With this latest performance, VUZI shares gained by 67.07% in over the last four-week period, additionally plugging by 226.19% over the last 6 months – not to mention a rise of 103.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VUZI stock in for the last two-week period is set at 54.50, with the RSI for the last a single of trading hit 50.34, and the three-weeks RSI is set at 57.08 for Vuzix Corporation [VUZI]. The present Moving Average for the last 50 days of trading for this stock 2.52, while it was recorded at 4.37 for the last single week of trading, and 1.56 for the last 200 days.
Vuzix Corporation [VUZI]: A deeper dive into fundamental analysis
Vuzix Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.52 and a Current Ratio set at 13.16.
Vuzix Corporation [VUZI]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VUZI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vuzix Corporation go to 20.00%.
An analysis of Institutional ownership at Vuzix Corporation [VUZI]
There are presently around $13.64%, or 16.52%% of VUZI stock, in the hands of institutional investors. The top three institutional holders of VUZI stocks are: ARK INVESTMENT MANAGEMENT LLC with ownership of 4.63 million shares, which is approximately 7.156%. VANGUARD GROUP INC, holding 2.86 million shares of the stock with an approximate value of $$3.86 million in VUZI stocks shares; and VANGUARD GROUP INC, currently with $$2.09 million in VUZI stock with ownership which is approximately 2.3954%.
