Vuzix Corporation (NASDAQ:VUZI) price on Friday, March 21, remained unchanged to $2.30.
A look at the stock’s price movement, the close in the last trading session was $2.30, moving within a range at $2.25 and $2.32. The beta value (5-Year monthly) was 1.644. Turning to its 52-week performance, $5.79 and $0.83 were the 52-week high and 52-week low respectively. Overall, VUZI moved -37.67% over the past month.
Vuzix Corporation’s market cap currently stands at around $175.36 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-12.
Analysts have a consensus estimate of 1.34M for the company’s revenue for the quarter, with a low and high estimate of 1.34M and 1.34M respectively. The average forecast suggests down to a -33.33% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 8.1M, representing a 40.78% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VUZI is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 25% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend VUZI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VUZI’s current price about -11.28% and -30.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.20, while 7-day volatility ratio is 5.57% and 10.88% in the 30-day chart. Further, Vuzix Corporation (VUZI) has a beta value of 1.67, and an average true range (ATR) of 0.29. Analysts have given the company’s stock an average 52-week price target of $3, forecast between a low of $3 and high of $3. Looking at the price targets, the low is -30.43% off current price level while to achieve the yearly target high, price needs to move -30.43%. Nonetheless, investors will most likely welcome a -30.43% jump to $3 which is the analysts’ median price.
If we refocus on Vuzix Corporation (NASDAQ:VUZI), historical trading data shows that trading volumes averaged 1.56 over the past 10 days and 2.21 million over the past 3 months. The company’s latest data on shares outstanding shows there are 75.97 million shares.
The 17.27% of Vuzix Corporation’s shares are in the hands of company insiders while institutional holders own 15.35% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.77 million on 2025-02-28, giving us a short ratio of 7.11. The data shows that as of 2025-02-28 short interest in Vuzix Corporation (VUZI) stood at 2002.0 of shares outstanding, with shares short rising to 11.91 million registered in 2025-01-31. Current price change has pushed the stock -41.62% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VUZI stock continues to rise going into the next quarter.
