Trading Update: Vuzix Corporation (VUZI) Stock Endures 11.08% Monthly Volatility

COIN

The stock of Vuzix Corporation (VUZI) has gone up by 87.48% for the week, with a 27.61% rise in the past month and a 97.73% rise in the past quarter. The volatility ratio for the week is 19.70%, and the volatility levels for the past 30 days are 11.08% for VUZI. The simple moving average for the last 20 days is 46.70% for VUZI stock, with a simple moving average of 34.09% for the last 200 days.

Is It Worth Investing in Vuzix Corporation (NASDAQ: VUZI) Right Now?

The stock has a 36-month beta value of 1.52. 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 25, 2024, the average trading volume of VUZI was 1.10M shares.

VUZI) stock’s latest price update

Vuzix Corporation (NASDAQ: VUZI) has seen a rise in its stock price by 31.54 in relation to its previous close of 1.30. However, the company has experienced a 87.48% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-20 that �­­­-     Developers releasing feature rich transcription, navigation, AI and other exciting new apps ROCHESTER, N.Y., Nov. 20, 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 the general availability of Vuzix Z100™ smart glasses,  priced at just $499.

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 43.91% 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 -31.60% of loss for the given period.

Volatility was left at 11.08%, however, over the last 30 days, the volatility rate increased by 19.70%, as shares surge +31.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +67.65% upper at present.

During the last 5 trading sessions, VUZI rose by +87.48%, which changed the moving average for the period of 200-days by +1.18% in comparison to the 20-day moving average, which settled at $1.1656. In addition, Vuzix Corporation saw -17.99% 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
  • -1.06 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.

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 20.22. 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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