A2Z Smart Technologies (NASDAQ:AZ - Get Free Report) had its price objective increased by research analysts at Benchmark from $18.00 to $20.00 in a research note issued on Wednesday, MarketBeat reports. The firm presently has a "buy" rating on the stock. Benchmark's target price points to a potential upside of 173.60% from the company's current price.
A2Z Smart Technologies Price Performance
Shares of NASDAQ:AZ traded down $0.11 during mid-day trading on Wednesday, reaching $7.31. 94,458 shares of the company traded hands, compared to its average volume of 84,595. The firm has a market cap of $200.62 million, a PE ratio of -14.62 and a beta of 1.38. A2Z Smart Technologies has a 52 week low of $0.85 and a 52 week high of $8.28. The company's 50 day moving average price is $6.98 and its 200-day moving average price is $5.78.
Institutional Trading of A2Z Smart Technologies
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd bought a new position in A2Z Smart Technologies in the 4th quarter worth approximately $3,619,000. Renaissance Technologies LLC purchased a new position in shares of A2Z Smart Technologies in the fourth quarter worth $287,000. IHT Wealth Management LLC bought a new position in shares of A2Z Smart Technologies during the fourth quarter worth $1,156,000. Finally, Garnet Equity Capital Holdings Inc. purchased a new position in A2Z Smart Technologies during the fourth quarter valued at $1,986,000. Institutional investors own 12.64% of the company's stock.
A2Z Smart Technologies Company Profile
(
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A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.
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