Buy, Sell Or Hold Vuzix Corporation (NASDAQ:VUZI) At $1.38?

In last trading session, Vuzix Corporation (NASDAQ:VUZI) saw 0.42 million shares changing hands with its beta currently measuring 1.53. Company’s recent per share price level of $1.38 trading at -$0.01 or -0.72% at ring of the bell on the day assigns it a market valuation of $89.33M. That closing price of VUZI’s stock is at a discount of -339.13% from its 52-week high price of $6.06 and is indicating a premium of 20.29% from its 52-week low price of $1.10. Taking a look at company’s average trading volume volume of 811.70K if we extend that period to 3-months.

Vuzix Corporation (NASDAQ:VUZI) trade information

Upright in the red during last session for losing -0.72%, in the last five days VUZI remained trading in the green while hitting it’s week-highest on Wednesday, 06/12/24 when the stock touched $1.38 price level, adding 4.17% to its value on the day. Vuzix Corporation’s shares saw a change of -33.81% in year-to-date performance and have moved 0.73% in past 5-day. Vuzix Corporation (NASDAQ:VUZI) showed a performance of -10.97% in past 30-days.

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Vuzix Corporation (VUZI) estimates and forecasts

This year revenue growth is estimated to fall -4.30% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.55M for the same. And 2 analysts are in estimates of company making revenue of 3.2M in the next quarter. Company posted 4.69M and 2.18M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.93% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 43.67% while estimates for its earnings growth in next 5 years are of 20.00%.

VUZI Dividends

Vuzix Corporation is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.