Closing Figures Unveiled: Vuzix Corporation (VUZI) Drop -0.56, Closes at 0.86

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Vuzix Corporation (NASDAQ: VUZI) closed the day trading at $0.86 down -0.56% from the previous closing price of $0.86. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 0.65 million shares were traded. VUZI stock price reached its highest trading level at $0.89 during the session, while it also had its lowest trading level at $0.84.

Ratios:

For a better understanding of VUZI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.45 and its Current Ratio is at 9.53. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

On December 21, 2021, Dawson James started tracking the stock assigning a Buy rating and target price of $15.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 22 ’24 when Harned Timothy Heydenreich bought 20,000 shares for $1.31 per share. The transaction valued at 26,188 led to the insider holds 186,016 shares of the business.

Travers Paul J bought 14,500 shares of VUZI for $18,163 on Apr 22 ’24. The President and CEO now owns 2,859,670 shares after completing the transaction at $1.25 per share. On Apr 18 ’24, another insider, Travers Paul J, who serves as the President and CEO of the company, bought 7,500 shares for $1.34 each. As a result, the insider paid 10,062 and bolstered with 2,845,170 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VUZI now has a Market Capitalization of 56730244 and an Enterprise Value of 47596056. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.95 while its Price-to-Book (P/B) ratio in mrq is 1.59. Its current Enterprise Value per Revenue stands at 7.503 whereas that against EBITDA is -1.044.

Stock Price History:

Over the past 52 weeks, VUZI has reached a high of $4.21, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -28.02%, while the 200-Day Moving Average is calculated to be -45.28%.

Shares Statistics:

Over the past 3-months, VUZI traded about 739.39K shares per day on average, while over the past 10 days, VUZI traded about 888110 shares per day. A total of 64.73M shares are outstanding, with a floating share count of 60.83M. Insiders hold about 7.78% of the company’s shares, while institutions hold 26.65% stake in the company. Shares short for VUZI as of 1722384000 were 7565183 with a Short Ratio of 12.33, compared to 1719532800 on 8838647. Therefore, it implies a Short% of Shares Outstanding of 7565183 and a Short% of Float of 12.629999999999999.

Earnings Estimates

As of right now, 2.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.11.

Analysts are recommending an EPS of between -$1.0 and -$1.01 for the fiscal current year, implying an average EPS of -$1.0. EPS for the following year is -$0.48, with 2.0 analysts recommending between -$0.42 and -$0.55.

Revenue Estimates

2 analysts predict $1.68M in revenue for the current quarter. It ranges from a high estimate of $1.97M to a low estimate of $1.4M. As of the current estimate, Vuzix Corporation’s year-ago sales were $2.18MFor the next quarter, 2 analysts are estimating revenue of $2.77M. There is a high estimate of $3.54M for the next quarter, whereas the lowest estimate is $2M.

A total of 2 analysts have provided revenue estimates for VUZI’s current fiscal year. The highest revenue estimate was $8.6M, while the lowest revenue estimate was $6.5M, resulting in an average revenue estimate of $7.55M. In the same quarter a year ago, actual revenue was $12.13MBased on 2 analysts’ estimates, the company’s revenue will be $9.59M in the next fiscal year. The high estimate is $11.18M and the low estimate is $8M.

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