Vuzix Corporation (NASDAQ: VUZI) on Friday, plunged -7.53% from the previous trading day, before settling in for the closing price of $1.46. Within the past 52 weeks, VUZI’s price has moved between $1.10 and $6.06.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 12.42%. The company achieved an average annual earnings per share of 43.67%. With a float of $59.96 million, this company’s outstanding shares have now reached $64.73 million.
Let’s determine the extent of company efficiency that accounts for 94 employees.
Vuzix Corporation (VUZI) Insider Activity
Observing investor behavior towards Consumer Electronics industry stocks is more important than anything else. The insider ownership of Vuzix Corporation is 7.36%, while institutional ownership is 34.02%. The most recent insider transaction that took place on Apr 22 ’24, was worth 26,188. In this transaction Director of this company bought 20,000 shares at a rate of $1.31, taking the stock ownership to the 186,016 shares. Before that another transaction happened on Apr 22 ’24, when Company’s President and CEO bought 14,500 for $1.25, making the entire transaction worth $18,163. This insider now owns 2,859,670 shares in total.
Vuzix Corporation (VUZI) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 43.67% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 1.93% growth over the previous five years of trading.
Vuzix Corporation (NASDAQ: VUZI) Trading Performance Indicators
Vuzix Corporation (VUZI) is currently performing well based on its current performance indicators. A quick ratio of 6.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.78, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.49 in one year’s time.
Technical Analysis of Vuzix Corporation (VUZI)
Looking closely at Vuzix Corporation (NASDAQ: VUZI), its last 5-days average volume was 2.01 million, which is a jump from its year-to-date volume of 0.79 million. As of the previous 9 days, the stock’s Stochastic %D was 66.46%. Additionally, its Average True Range was 0.10.
During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 35.71%, which indicates a significant increase from 23.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.48% in the past 14 days, which was lower than the 79.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3907, while its 200-day Moving Average is $2.0194. However, in the short run, Vuzix Corporation’s stock first resistance to watch stands at $1.4383. Second resistance stands at $1.5267. The third major resistance level sits at $1.5733. If the price goes on to break the first support level at $1.3033, it is likely to go to the next support level at $1.2567. Should the price break the second support level, the third support level stands at $1.1683.
Vuzix Corporation (NASDAQ: VUZI) Key Stats
Market capitalization of the company is 87.39 million based on 64,726K outstanding shares. Right now, sales total 12,130 K and income totals -50,150 K. The company made 2,000 K in profit during its latest quarter, and -10,050 K in sales during its previous quarter.
