For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Vuzix Corporation (NASDAQ: VUZI) was $2.76 for the day, up 5.75% from the previous closing price of $2.61. In other words, the price has increased by $5.75 from its previous closing price. On the day, 1.37 million shares were traded.
Ratios:
Our analysis of VUZI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.52 and its Current Ratio is at 13.16. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 21, 2021, Dawson James started tracking the stock assigning a Buy rating and target price of $15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 36.61 while its Price-to-Book (P/B) ratio in mrq is 5.14.
Stock Price History:
Over the past 52 weeks, VUZI has reached a high of $5.79, while it has fallen to a 52-week low of $0.83. The 50-Day Moving Average of the stock is -26.36%, while the 200-Day Moving Average is calculated to be 37.62%.
Shares Statistics:
A total of 73.62M shares are outstanding, with a floating share count of 60.90M. Insiders hold about 17.27% of the company’s shares, while institutions hold 15.90% stake in the company.
