Vuzix Corporation (NASDAQ: VUZI) kicked off on Monday, up 31.58% from the previous trading day, before settling in for the closing price of $1.71. Over the past 52 weeks, VUZI has traded in a range of $0.83-$2.50.
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
A company in the Technology sector has jumped its sales by 12.42% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -26.58%. With a float of $60.89 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 -105.64%, operating margin of -1451.14%, and the pretax margin is -1437.4%.
Vuzix Corporation (VUZI) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Consumer Electronics Industry. The insider ownership of Vuzix Corporation is 17.29%, while institutional ownership is 12.75%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.28 earnings per share (EPS), lower than consensus estimate (set at -0.12) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.58% 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
Take a look at Vuzix Corporation’s (VUZI) current performance indicators. Last quarter, stock had a quick ratio of 8.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 39.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.22, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.47 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 3.22 million. That was better than the volume of 0.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 98.42%. Additionally, its Average True Range was 0.17.
During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 98.61%, which indicates a significant increase from 98.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 191.42% in the past 14 days, which was higher than the 100.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2100, while its 200-day Moving Average is $1.2800. However, in the short run, Vuzix Corporation’s stock first resistance to watch stands at $2.4300. Second resistance stands at $2.6000. The third major resistance level sits at $2.9400. If the price goes on to break the first support level at $1.9200, it is likely to go to the next support level at $1.5800. The third support level lies at $1.4100 if the price breaches the second support level.
Vuzix Corporation (NASDAQ: VUZI) Key Stats
The company with the Market Capitalisation of 217.87 million has total of 73,615K Shares Outstanding. Its annual sales at the moment are 12,130 K in contrast with the sum of -50,150 K annual income. Company’s last quarter sales were recorded 1,390 K and last quarter income was -9,220 K.
