Vuzix Corporation (VUZI) is destined for greater heights as its last quarter sales were 1,090 K

On Tuesday, Vuzix Corporation (NASDAQ: VUZI) opened lower -10.00% from the last session, before settling in for the closing price of $1.30. Price fluctuations for VUZI have ranged from $0.83 to $3.65 over the past 52 weeks.

A company in the Technology sector has jumped its sales by 12.42% annually for the last half of the decade. Company’s average yearly earnings per share was noted -27.22% at the time writing. With a float of $53.24 million, this company’s outstanding shares have now reached $64.73 million.

In an organization with 94 employees, it is important to assess its efficiency. 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 Updates

A key investor’s attitude towards the stock of the Consumer Electronics industry is another important factor to consider. The insider ownership of Vuzix Corporation is 19.30%, while institutional ownership is 26.51%. 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) Performance Highlights and Predictions

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

Check out the current performance indicators for Vuzix Corporation (VUZI). In the past 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 12.17.

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)

Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was better than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.89%. Additionally, its Average True Range was 0.10.

During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 50.74%, which indicates a significant increase from 0.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.55% in the past 14 days, which was lower than the 68.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.1024, while its 200-day Moving Average is $1.3241. However, in the short run, Vuzix Corporation’s stock first resistance to watch stands at $1.2500. Second resistance stands at $1.3300. The third major resistance level sits at $1.3700. If the price goes on to break the first support level at $1.1300, it is likely to go to the next support level at $1.0900. Assuming the price breaks the second support level, the third support level stands at $1.0100.

Vuzix Corporation (NASDAQ: VUZI) Key Stats

There are currently 73,615K shares outstanding in the company with a market cap of 77.18 million. Presently, the company’s annual sales total 12,130 K according to its annual income of -50,150 K. Last quarter, the company’s sales amounted to 1,090 K and its income totaled -40,610 K.