A look at Vuzix Corporation’s (VUZI) recent performance gives investors their first glimpse of hope.

On Monday, Vuzix Corporation (NASDAQ: VUZI) was 3.42% up from the session before settling in for the closing price of $1.17. A 52-week range for VUZI has been $0.83 – $3.65.

During the last 5-year period, the sales growth of Technology Sector giant was 12.42%. 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 determine the extent of company efficiency that accounts for 94 employees. In terms of profitability, gross margin is -112.38%, operating margin of -828.24%, and the pretax margin is -1285.17%.

Vuzix Corporation (VUZI) Insider Activity

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 26.64%. 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 -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 12.59.

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)

Looking closely at Vuzix Corporation (NASDAQ: VUZI), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 74.23%. Additionally, its Average True Range was 0.09.

During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 41.75%, which indicates a significant decrease from 87.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.85% in the past 14 days, which was higher than the 72.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.0155, while its 200-day Moving Average is $1.3896. However, in the short run, Vuzix Corporation’s stock first resistance to watch stands at $1.2328. Second resistance stands at $1.2557. The third major resistance level sits at $1.3013. If the price goes on to break the first support level at $1.1643, it is likely to go to the next support level at $1.1187. Should the price break the second support level, the third support level stands at $1.0958.

Vuzix Corporation (NASDAQ: VUZI) Key Stats

There are 64,726K outstanding shares of the company, which has a market capitalization of 79.82 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.