The trading price of A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) closed higher on Friday, January 17, and closing at $7.00, 0.29% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $6.75 and $7.0. In examining the 52-week price action we see that the stock hit a 52-week high of $7.48 and a 52-week low of $0.85. Over the past month, the stock has lost -2.91% in value.
A2Z Cust2Mate Solutions Corp, whose market valuation is $205.74 million at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest AZ has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that AZ’s price is currently 2.88% off the SMA20 and 5.60% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.95, and weekly volatility stands at 7.39%. When measured over the past 30 days, the indicator reaches 8.01%. A2Z Cust2Mate Solutions Corp (NASDAQ:AZ)’s beta value is currently sitting at 1.92, while the Average True Range indicator is currently displaying 0.51.
To see how A2Z Cust2Mate Solutions Corp stock has been performing in comparison to its peers in the industry, here are the numbers: AZ stock’s performance was 0.29% in the latest trading, and 159.26% in the past year.
An evaluation of the daily trading volume of A2Z Cust2Mate Solutions Corp (NASDAQ:AZ) indicates that the 3-month average is 113.44K. However, this figure has increased over the past 10 days to an average of 54480.0.
Currently, records show that 16.48 million of the company’s shares remain outstanding. The insiders hold 23.99% of outstanding shares, whereas institutions hold 4.52%. The stats also highlight that short interest as of 2024-10-31, stood at 0.14 million shares, resulting in a short ratio of 0.92 at that time. From this, we can conclude that short interest is 64.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 26274.0. However, since the stock’s price has seen 5.74% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
