The stock of A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) has increased by 11.53 when compared to last closing price of 0.69.Despite this, the company has seen a gain of 11.06% in its stock price over the last five trading days. accesswire.com reported 2024-09-19 that CHICAGO, IL / ACCESSWIRE / September 19, 2024 / A2Z Cust2mate Solutions Corp. (“A2Z”) (NASDAQ:AZ)($AZ)(FRA – WKN:A3CSQ), a global leader in innovative technology solutions, today announced it has signed a framework agreement (“Agreement”) with Level 10, LLC (“Level 10”), a leading retail IT service provider, for in-field installation, deployment, in-store and laboratory support, maintenance, help desk services and warranty fulfillment related to the company’s Cust2Mate smart cart solutions to be rolled out in the United States. Gadi Graus, CEO of A2Z Cust2Mate, stated, “Given the advanced stage of discussions we are having with a number of large retailers, we are taking steps now to prepare for a substantial increase in the number of our smart carts that will be rolled out in the coming months.
Is It Worth Investing in A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ) Right Now?
The 36-month beta value for AZ is also noteworthy at 2.12. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for AZ is 27.00M, and at present, short sellers hold a 0.22% of that float. The average trading volume of AZ on September 23, 2024 was 122.26K shares.
AZ’s Market Performance
AZ’s stock has seen a 11.06% increase for the week, with a 6.85% rise in the past month and a 121.49% gain in the past quarter. The volatility ratio for the week is 8.89%, and the volatility levels for the past 30 days are at 7.95% for A2Z Cust2Mate Solutions Corp. The simple moving average for the past 20 days is 19.88% for AZ’s stock, with a 0.90% simple moving average for the past 200 days.
Analysts’ Opinion of AZ
Many brokerage firms have already submitted their reports for AZ stocks, with The Benchmark Company repeating the rating for AZ by listing it as a “Buy.” The predicted price for AZ in the upcoming period, according to The Benchmark Company is $18 based on the research report published on January 20, 2022 of the previous year 2022.
AZ Trading at 8.44% from the 50-Day Moving Average
After a stumble in the market that brought AZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -57.88% of loss for the given period.
Volatility was left at 7.95%, however, over the last 30 days, the volatility rate increased by 8.89%, as shares surge +13.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.00% upper at present.
During the last 5 trading sessions, AZ rose by +11.06%, which changed the moving average for the period of 200-days by -40.84% in comparison to the 20-day moving average, which settled at $0.6513. In addition, A2Z Cust2Mate Solutions Corp. saw -43.43% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AZ
Current profitability levels for the company are sitting at:
- -2.32 for the present operating margin
- 0.08 for the gross margin
The net margin for A2Z Cust2Mate Solutions Corp. stands at -1.12. The total capital return value is set at -36.91. Equity return is now at value -173.01, with -72.08 for asset returns.
Based on A2Z Cust2Mate Solutions Corp. (AZ), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -7.66. The debt to equity ratio resting at 0.37. The interest coverage ratio of the stock is -118.88.
Currently, EBITDA for the company is -17.35 million with net debt to EBITDA at -0.07. When we switch over and look at the enterprise to sales, we see a ratio of 5.83. The receivables turnover for the company is 2.77for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
In summary, A2Z Cust2Mate Solutions Corp. (AZ) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
