On Friday, Vuzix Corporation (NASDAQ: VUZI) opened lower -19.29% from the last session, before settling in for the closing price of $4.22. Price fluctuations for VUZI have ranged from $0.83 to $5.79 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 19.92%. Company’s average yearly earnings per share was noted -26.58% at the time writing. With a float of $60.89 million, this company’s outstanding shares have now reached $73.62 million.
Let’s determine the extent of company efficiency that accounts for 94 employees. 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 Activity
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 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -26.58% per share during the next fiscal year.
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 8.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 45.23.
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)
Looking closely at Vuzix Corporation (NASDAQ: VUZI), its last 5-days average volume was 4.61 million, which is a jump from its year-to-date volume of 4.26 million. As of the previous 9 days, the stock’s Stochastic %D was 19.33%. Additionally, its Average True Range was 0.67.
During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 52.02%, which indicates a significant increase from 2.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 220.72% in the past 14 days, which was higher than the 132.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.62, while its 200-day Moving Average is $1.59. However, in the short run, Vuzix Corporation’s stock first resistance to watch stands at $3.87. Second resistance stands at $4.32. The third major resistance level sits at $4.59. If the price goes on to break the first support level at $3.15, it is likely to go to the next support level at $2.88. Should the price break the second support level, the third support level stands at $2.43.
Vuzix Corporation (NASDAQ: VUZI) Key Stats
There are currently 73,615K shares outstanding in the company with a market cap of 251.03 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 1,390 K and its income totaled -9,220 K.
