On Monday, Vuzix Corporation (NASDAQ: VUZI) was -9.46% drop from the session before settling in for the closing price of $2.96. A 52-week range for VUZI has been $0.83 – $5.79.
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Annual sales at Technology sector company grew by 19.92% over the past five years. When this article was written, the company’s average yearly earnings per share was at -26.58%. With a float of $60.90 million, this company’s outstanding shares have now reached $73.62 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Vuzix Corporation stocks. The insider ownership of Vuzix Corporation is 17.27%, while institutional ownership is 15.90%. 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
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.
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 8.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 35.55.
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)
Vuzix Corporation (NASDAQ: VUZI) saw its 5-day average volume 1.66 million, a negative change from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 6.96%. Additionally, its Average True Range was 0.42.
During the past 100 days, Vuzix Corporation’s (VUZI) raw stochastic average was set at 37.06%, which indicates a significant increase from 3.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.85% in the past 14 days, which was lower than the 141.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.84, while its 200-day Moving Average is $1.98. Nevertheless, the first resistance level for the watch stands at $2.89 in the near term. At $3.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.24. If the price goes on to break the first support level at $2.54, it is likely to go to the next support level at $2.40. Assuming the price breaks the second support level, the third support level stands at $2.19.
Vuzix Corporation (NASDAQ: VUZI) Key Stats
There are 73,615K outstanding shares of the company, which has a market capitalization of 197.29 million. As of now, sales total 12,130 K while income totals -50,150 K. Its latest quarter income was 1,390 K while its last quarter net income were -9,220 K.
