Vuzix Corporation (VUZI) ticks all the boxes for top investors with its surprise performance of 74.90% last month.

Vuzix Corporation (NASDAQ: VUZI) on Friday, soared 6.04% from the previous trading day, before settling in for the closing price of $4.14. Within the past 52 weeks, VUZI’s price has moved between $0.83 and $5.49.

A company in the Technology sector has jumped its sales by 19.92% annually for the last half of the decade. The company achieved an average annual earnings per share of -26.58%. With a float of $60.89 million, this company’s outstanding shares have now reached $73.62 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

Observing investor behavior towards Consumer Electronics industry stocks is more important than anything else. The insider ownership of Vuzix Corporation is 17.29%, while institutional ownership is 12.54%. 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

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

Vuzix Corporation (VUZI) is currently performing well based on its current performance indicators. A quick ratio of 8.52 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 61.75.

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 3.06 million. That was better than the volume of 2.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.98%. Additionally, its Average True Range was 0.53.

During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 76.39%, which indicates a significant increase from 54.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 162.85% in the past 14 days, which was higher than the 119.61% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.39, while its 200-day Moving Average is $1.53. However, in the short run, Vuzix Corporation’s stock first resistance to watch stands at $4.54. Second resistance stands at $4.69. The third major resistance level sits at $4.98. If the price goes on to break the first support level at $4.09, it is likely to go to the next support level at $3.80. The third support level lies at $3.65 if the price breaches the second support level.

Vuzix Corporation (NASDAQ: VUZI) Key Stats

Market capitalization of the company is 342.69 million based on 73,615K outstanding shares. Right now, sales total 12,130 K and income totals -50,150 K. The company made 1,390 K in profit during its latest quarter, and -9,220 K in sales during its previous quarter.