Vuzix Corporation (NASDAQ: VUZI) is -51.78% lower on its value in year-to-date trading and has touched a low of $0.83 and a high of $5.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VUZI stock was last observed hovering at around $2.13 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $1.90, the stock is 7.92% and -14.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -10.80% at the moment leaves the stock -10.33% off its SMA200. VUZI registered 35.71% gain for a year compared to 6-month gain of 46.15%. The firm has a 50-day simple moving average (SMA 50) of $2.2278 and a 200-day simple moving average (SMA200) of $2.119.
The stock witnessed a -2.06% loss in the last 1 month and extending the period to 3 months gives it a -50.00%, and is 3.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.31% over the week and 11.01% over the month.
Vuzix Corporation (VUZI) has around 76 employees, a market worth around $144.86M and $5.75M in sales. Profit margin for the company is -1277.91%. Distance from 52-week low is 128.89% and -67.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-197.19%).
with sales reaching $1.34M over the same period.The EPS is expected to grow by 56.48% this year, but quarterly earnings will post 40.78% year-over-year. Quarterly sales are estimated to shrink -33.33% in year-over-year returns.
108.0 institutions hold shares in Vuzix Corporation (VUZI), with institutional investors hold 18.49% of the company’s shares. The shares outstanding are 75.97M, and float is at 63.08M with Short Float at 24.76%. Institutions hold 15.38% of the Float.
The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 4.63 million shares valued at $6.25 million. The investor’s holdings represent 7.0375 of the VUZI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.86 million shares valued at $3.86 million to account for 4.3429 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.55 million shares representing 2.3558 and valued at over $2.09 million, while MILLENNIUM MANAGEMENT LLC holds 1.5341 of the shares totaling 1.01 million with a market value of $1.36 million.
