BTIG Research has recently reduced Vuzix Corp (VUZI) stock to Neutral rating, as announced on November 10, 2023, according to Finviz. Earlier, on December 21, 2021, Dawson James had initiated the stock to Buy, setting a price target of $15. Maxim Group also reduced Hold rating. Additionally, BTIG Research initiated Buy rating on February 17, 2021, with a target price of $30. Maxim Group analysts, in their report published on January 19, 2021, also reiterated Buy rating and set a price target of $6.50 for Vuzix Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Vuzix Corp (VUZI) Stock Trading Recap
On Friday, Vuzix Corp (VUZI) stock saw a decline, ending the day at $1.36 which represents a decrease of $-0.03 or -2.16% from the prior close of $1.39. The stock opened at $1.36 and touched a low of $1.33 during the day, reaching a high of $1.42. The volume of shares traded was 0.59 million falling short of the average volume of 1.03 million.
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VUZI Stock Performance and Moving Averages
In recent trading, Vuzix Corp (VUZI) stock price has shown some volatility, fluctuating 16.24% over the last five trades and 30.77% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 10.57%, and it has plunged by -2.16% in the previous three months. Currently, VUZI is trading at 19.71%, 32.77%, and -0.67% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, VUZI, a Technology sector stock, is trading -62.74% below its 52-week high but remains 63.84% above its 52-week low. The Average True Range (ATR) (14 days) of 0.1 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Vuzix Corp’s Profitability and Valuation Ratios
Vuzix Corp’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -794.17% and a profit margin of -1285.17%, with a gross margin of 10.57%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Vuzix Corp’s market capitalization stands at $89.72 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 14.15, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.51, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 19.30% of Vuzix Corp (VUZI)’s shares, while financial institutions hold 26.66%.
