In the past week, VUZI stock has gone down by -2.17%, with a monthly gain of 4.65% and a quarterly plunge of -16.15%. The volatility ratio for the week is 11.23%, and the volatility levels for the last 30 days are 9.97% for Vuzix Corporation The simple moving average for the past 20 days is 2.49% for VUZI’s stock, with a -52.44% simple moving average for the past 200 days.
Is It Worth Investing in Vuzix Corporation (NASDAQ: VUZI) Right Now?
VUZI has 36-month beta value of 1.88. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VUZI is 59.90M, and currently, short sellers hold a 16.76% ratio of that float. The average trading volume of VUZI on April 18, 2024 was 724.73K shares.
VUZI) stock’s latest price update
Vuzix Corporation (NASDAQ: VUZI)’s stock price has increased by 10.66 compared to its previous closing price of 1.22. However, the company has seen a -2.17% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-15 that Vuzix Corporation (NASDAQ:VUZI ) Q4 2023 Results Conference Call April 15, 2024 4:30 PM ET Company Participants Ed McGregor – Director, IR Paul Travers – CEO Grant Russell – CFO Conference Call Participants Tyler Burmeister – Craig-Hallum Capital Aaron Martin – AIGH Investment Partners Operator Greetings, and welcome to the Vuzix’s Fourth Quarter and Full Year ending December 31, 2023 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode.
Analysts’ Opinion of VUZI
Dawson James, on the other hand, stated in their research note that they expect to see VUZI reach a price target of $15. The rating they have provided for VUZI stocks is “Buy” according to the report published on December 21st, 2021.
VUZI Trading at -7.74% from the 50-Day Moving Average
After a stumble in the market that brought VUZI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.72% of loss for the given period.
Volatility was left at 9.97%, however, over the last 30 days, the volatility rate increased by 11.23%, as shares sank -0.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.71% lower at present.
During the last 5 trading sessions, VUZI fell by -3.26%, which changed the moving average for the period of 200-days by -74.28% in comparison to the 20-day moving average, which settled at $1.3170. In addition, Vuzix Corporation saw -35.25% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VUZI starting from Travers Paul J, who purchase 7,500 shares at the price of $2.57 back on Nov 15 ’23. After this action, Travers Paul J now owns 2,837,670 shares of Vuzix Corporation, valued at $19,274 using the latest closing price.
Kay Edward William Jr., the Director of Vuzix Corporation, purchase 10,000 shares at $4.23 during a trade that took place back on Aug 16 ’23, which means that Kay Edward William Jr. is holding 206,843 shares at $42,300 based on the most recent closing price.
Stock Fundamentals for VUZI
Current profitability levels for the company are sitting at:
- -4.32 for the present operating margin
- -0.22 for the gross margin
The net margin for Vuzix Corporation stands at -4.02. The total capital return value is set at -0.65. Equity return is now at value -50.78, with -45.91 for asset returns.
Based on Vuzix Corporation (VUZI), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -87.25. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 77.39.
Currently, EBITDA for the company is -45.42 million with net debt to EBITDA at 0.58. When we switch over and look at the enterprise to sales, we see a ratio of 4.93. The receivables turnover for the company is 2.89for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.96.
Conclusion
To put it simply, Vuzix Corporation (VUZI) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
