Vuzix Corporation (NASDAQ: VUZI) At $1.32 Is Worth A Gamble

During the last session, Vuzix Corporation (NASDAQ:VUZI)’s traded shares were 0.42 million, with the beta value of the company hitting 1.86. At the end of the trading day, the stock’s price was $1.32, reflecting an intraday loss of -1.49% or -$0.02. The 52-week high for the VUZI share is $6.06, that puts it down -359.09 from that peak though still a striking 16.67% gain since the share price plummeted to a 52-week low of $1.10. The company’s market capitalization is $85.44M, and the average trade volume was 738.84K shares over the past three months.

Vuzix Corporation (NASDAQ:VUZI) trade information

Vuzix Corporation (VUZI) registered a -1.49% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.49% in intraday trading to $1.32, hitting a weekly high. The stock’s 5-day price performance is 9.09%, and it has moved by -0.75% in 30 days. Based on these gigs, the overall price performance for the year is -64.32%.

Vuzix Corporation (VUZI) estimates and forecasts

In the rating firms’ projections, revenue will increase 15.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.38M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 3.2M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.19M and 4.69M respectively. In this case, analysts expect current quarter sales to shrink by -43.20% and then drop by -31.80% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.93%. While earnings are projected to return 36.08% in 2024, the next five years will return 20.00% per annum.

VUZI Dividends

Vuzix Corporation is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Vuzix Corporation (NASDAQ:VUZI)’s Major holders