The stock price of Vuzix Corporation (NASDAQ: VUZI) has surged by 19.50 when compared to previous closing price of 0.91, but the company has seen a 1.87% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-18 that Certification of leading mobile device management (MDM) solution will allow Vuzix customers to manage and secure their M400 and M4000 AR smart glasses from one central location ROCHESTER, N.Y., Nov. 18, 2024 /PRNewswire/ — Vuzix® Corporation (NASDAQ: VUZI), (“Vuzix” or, the “Company”), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, today announced that its industry-leading M-series AR smart glasses have now been certified for use with Microsoft Intune, a leading cloud-based Mobile Device Management (MDM) solution.
Is It Worth Investing in Vuzix Corporation (NASDAQ: VUZI) Right Now?
The stock has a 36-month beta value of 1.48. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for VUZI is 60.89M, and at present, short sellers hold a 18.13% of that float. On November 19, 2024, the average trading volume of VUZI was 1.08M shares.
VUZI’s Market Performance
VUZI stock saw a decrease of 1.87% in the past week, with a monthly decline of -16.15% and a quarterly a decrease of 23.86%. The volatility ratio for the week is 12.70%, and the volatility levels for the last 30 days are 9.11% for Vuzix Corporation (VUZI). The simple moving average for the last 20 days is -6.69% for VUZI stock, with a simple moving average of -15.05% for the last 200 days.
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 -6.33% 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 -59.18% of loss for the given period.
Volatility was left at 9.11%, however, over the last 30 days, the volatility rate increased by 12.70%, as shares sank -15.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.48% upper at present.
During the last 5 trading sessions, VUZI rose by +1.87%, which changed the moving average for the period of 200-days by -35.88% in comparison to the 20-day moving average, which settled at $1.1681. In addition, Vuzix Corporation saw -47.72% 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 Harned Timothy Heydenreich, who purchase 20,000 shares at the price of $1.31 back on Apr 22 ’24. After this action, Harned Timothy Heydenreich now owns 186,016 shares of Vuzix Corporation, valued at $26,188 using the latest closing price.
Travers Paul J, the President and CEO of Vuzix Corporation, purchase 14,500 shares at $1.25 during a trade that took place back on Apr 22 ’24, which means that Travers Paul J is holding 2,859,670 shares at $18,163 based on the most recent closing price.
Stock Fundamentals for VUZI
Current profitability levels for the company are sitting at:
- -14.51 for the present operating margin
- -1.07 for the gross margin
The net margin for Vuzix Corporation stands at -14.37. The total capital return value is set at -2.03. Equity return is now at value -117.97, with -111.69 for asset returns.
Based on Vuzix Corporation (VUZI), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -41.77. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -118.99.
Currently, EBITDA for the company is -45.42 million with net debt to EBITDA at 0.3. When we switch over and look at the enterprise to sales, we see a ratio of 12.0. The receivables turnover for the company is 2.07for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.16.
Conclusion
To sum up, Vuzix Corporation (VUZI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
