What Is The Dividend Yield Of Vuzix Corporation (VUZI)?

The stock of Vuzix Corporation (NASDAQ:VUZI) increased by $0.25 on Wednesday to $6.95, up 3.73 percent. The last five days have seen an average of 1,407,833 shares of common stock traded. 3 times new highs were reached in the current year, with a fall of -$1.61. The average number of shares traded over the last 20 days was 1,376,943, while the average volume over the last 50 days totaled 1,589,019.

VUZI stock appreciated 17.75% since last month. On 05/24/22, the company’s shares reached a one-month low of $4.79. The stock touched a high of $19.33 on 01/05/22, after rallying from a low of $3.88 in 52 weeks. The price of VUZI stock has declined by -22.72% or -$1.61 this year, reaching a new high 3 times. Still, the stock price is down -64.05% from the 52-week high.


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Insider Transactions

There have been 105 days since Vuzix Corporation (VUZI) last reported insider trading activity on Mar 09. On Mar 09, Director Harned Timothy Heydenreich acquired 1,500 shares at $6.42 each. This transaction resulted in the insider spending $9,636. On Mar 08, Travers Paul J added 1,250 shares at a price of US$5.58. After the transaction, the insider now owns 2,820,613 shares. President and CEO Travers Paul J had earlier bought 1,500 shares on Mar 07 for $5.64 a share. The transaction was completed for $8,468.

Valuation Metrics

Beta for the stock is 2.23. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 33.74, the price-to-book (PB) ratio of 3.12.

Financial Health

For the three months ended March 30, Vuzix Corporation’s quick ratio was 39.80, while its current ratio was 44.00, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 17.10% percent. Based on annual data, it had gross profit of $2.45 million and revenue of $13.16 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VUZI’s return on assets (ROA) during the last 12 months has been -29.30%. There was a -27.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -30.10%.

Earnings Surprise

According to Vuzix Corporation’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $2.5 million, while revenues fell by -56.8% to $3.31 million. It was predicted that Vuzix Corporation’s quarterly earnings would be -$0.16, but it ended up being -$0.15, beating the consensus by -6.70%. EBITDA was -$9.93 million for the quarter. At the end of Vuzix Corporation’s most recent quarter ended March 30, its liabilities totaled 3.39 million, while its total debt was $0.97 million. Equity owned by shareholders amounts to $63.67 million.

Technical Picture

Here’s a quick look at Vuzix Corporation’s (VUZI) price momentum from a technical perspective. As of 21 June, the RSI 9-day stood at 66.08%, suggesting the stock is Neutral, with a 109.53% historical volatility rate.

The stochastic %K and %D were 81.65% and 74.05% respectively, while the average true range (ATR) was 0.56. Based on the 14-day stochastic reading of 93.46%, the RSI (14) reading is 61.81%. On the 9-day MACD Oscillator, the stock is at 0.58, and the 14-day reading is at 0.42.

Analyst Ratings

In its analyst report released on December 21, 2021, Dawson James began covering Vuzix Corporation (NASDAQ: VUZI). The stock was rated as a Buy by the brokerage firm.

What is VUZI’s price target for the next 12 months?

The current consensus forecast for the stock is between $8.00 and $15.00, with a median target price of $10.00. In analyzing these forecasts, the average price target given by analysts for Vuzix Corporation (VUZI) is $11.00.

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