Vuzix Corporation (NASDAQ: VUZI) has experienced a decline in its stock price by -17.71 compared to its previous closing price of 5.25. However, the company has seen a fall of -1.82% in its stock price over the last five trading days. prnewswire.com reported 2024-12-18 that ROCHESTER, N.Y., Dec. 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 it has entered into an agreement with Augmex, a one-stop-shop solutions provider for increasing productivity with smart glasses.
Is It Worth Investing in Vuzix Corporation (NASDAQ: VUZI) Right Now?
Additionally, the 36-month beta value for VUZI is 1.61. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VUZI is 60.89M and currently, short sellers hold a 18.89% ratio of that float. The average trading volume of VUZI on December 31, 2024 was 1.83M shares.
VUZI’s Market Performance
The stock of Vuzix Corporation (VUZI) has seen a -1.82% decrease in the past week, with a 102.82% rise in the past month, and a 269.23% gain in the past quarter. The volatility ratio for the week is 15.69%, and the volatility levels for the past 30 days are at 17.82% for VUZI. The simple moving average for the last 20 days is 21.74% for VUZI’s stock, with a simple moving average of 190.92% 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 94.98% 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 -21.31% of loss for the given period.
Volatility was left at 17.82%, however, over the last 30 days, the volatility rate increased by 15.69%, as shares surge +87.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +229.77% upper at present.
During the last 5 trading sessions, VUZI fell by -1.82%, which changed the moving average for the period of 200-days by +237.50% in comparison to the 20-day moving average, which settled at $3.55. In addition, Vuzix Corporation saw 107.19% in overturn over a single year, with a tendency to cut further gains.
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 54.85. The receivables turnover for the company is 1.75for 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
In conclusion, Vuzix Corporation (VUZI) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
