Vuzix Corporation [NASDAQ: VUZI] closed the trading session at $2.13.
The stocks have a year to date performance of -45.94 percent and weekly performance of 24.56 percent. The stock has been moved at 63.85 percent over the last six months. The stock has performed 4.41 percent around the most recent 30 days and changed -37.35 percent over the most recent 3-months.
If compared to the average trading volume of 1.56M shares, VUZI reached to a volume of 4211003 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $3.00 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 0.19, with the Price to Sales ratio for VUZI stock in the period of the last 12 months amounting to 28.24. The Price to Book ratio for the last quarter was 4.34, with the Price to Cash per share for the same quarter was set at 0.24.
VUZI stock trade performance evaluation
Vuzix Corporation [VUZI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.56. With this latest performance, VUZI shares gained by 4.41% in over the last four-week period, additionally plugging by 63.85% over the last 6 months – not to mention a rise of 61.36% 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 57.32, with the RSI for the last a single of trading hit 70.52, and the three-weeks RSI is set at 50.24 for Vuzix Corporation [VUZI]. The present Moving Average for the last 50 days of trading for this stock 2.2700, while it was recorded at 1.9500 for the last single week of trading, and 2.1200 for the last 200 days.
Vuzix Corporation [VUZI]: An insightful look at the core fundamentals
Vuzix Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 10.20 and a Current Ratio set at 12.65.
Vuzix Corporation [VUZI]: Institutional Ownership
There are presently around $15.38%, or 18.49%% 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 7.0375%. 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 2.3558%.
