In last trading session, Vuzix Corporation (NASDAQ:VUZI) saw 4.26 million shares changing hands with its beta currently measuring 1.61. Company’s recent per share price level of $4.22 trading at $0.11 or 2.80% at ring of the bell on the day assigns it a market valuation of $311.03M. That closing price of VUZI’s stock is at a discount of -37.2% from its 52-week high price of $5.79 and is indicating a premium of 80.33% from its 52-week low price of $0.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.94 million shares which gives us an average trading volume of 2.16 million if we extend that period to 3-months.
For Vuzix Corporation (VUZI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Vuzix Corporation (NASDAQ:VUZI) trade information
Upright in the green during last session for gaining 2.80%, in the last five days VUZI remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $4.22 price level, adding 27.12% to its value on the day. Vuzix Corporation’s shares saw a change of 7.23% in year-to-date performance and have moved 7.23% in past 5-day. Vuzix Corporation (NASDAQ:VUZI) showed a performance of 64.40% in past 30-days. Number of shares sold short was 11.04 million shares which calculate 12.66 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a fall of -40.67% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would jump 28.91% in reaching the projected high whereas dropping to the targeted low would mean a gain of 28.91% for stock’s current value.
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 2025, company’s earnings growth rate is likely to be around -26.58% while estimates for its earnings growth in next 5 years are of 20.00%.
Vuzix Corporation (NASDAQ:VUZI)’s Major holders
Insiders are in possession of 17.42% of company’s total shares while institution are holding 13.64 percent of that, with stock having share float percentage of 16.52%. Investors also watch the number of corporate investors in a company very closely, which is 13.64% institutions for Vuzix Corporation that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at VUZI for having 4.63 million shares of worth $6.25 million. And as of 2024-06-30, it was holding 7.156 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.86 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.416 of outstanding shares, having a total worth of $3.86 million.
