On Tuesday, Vuzix Corporation (NASDAQ: VUZI) was -5.13% drop from the session before settling in for the closing price of $1.17. A 52-week range for VUZI has been $0.83 – $3.73.
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Annual sales at Technology sector company grew by 12.42% over the past five years. When this article was written, the company’s average yearly earnings per share was at -27.22%. With a float of $54.57 million, this company’s outstanding shares have now reached $64.73 million.
Let’s look at the performance matrix of the company that is accounted for 94 employees.
Vuzix Corporation (VUZI) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Vuzix Corporation stocks. The insider ownership of Vuzix Corporation is 17.28%, while institutional ownership is 26.69%. 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) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.17 earnings per share (EPS) during the time that was less than consensus figure (set at -0.15) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -27.22% 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
You can see what Vuzix Corporation (VUZI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.25, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of Vuzix Corporation (VUZI)
Vuzix Corporation (NASDAQ: VUZI) saw its 5-day average volume 1.17 million, a positive change from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 71.11%. Additionally, its Average True Range was 0.10.
During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 28.98%, which indicates a significant decrease from 57.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.70% in the past 14 days, which was higher than the 77.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0245, while its 200-day Moving Average is $1.4129. Nevertheless, the first resistance level for the watch stands at $1.1667 in the near term. At $1.2233, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.2767. If the price goes on to break the first support level at $1.0567, it is likely to go to the next support level at $1.0033. The third support level lies at $0.9467 if the price breaches the second support level.
Vuzix Corporation (NASDAQ: VUZI) Key Stats
There are 64,726K outstanding shares of the company, which has a market capitalization of 73.23 million. As of now, sales total 12,130 K while income totals -50,150 K. Its latest quarter income was 1,090 K while its last quarter net income were -40,610 K.
