Gauzy (NASDAQ:GAUZ - Get Free Report) had its price target dropped by TD Cowen from $24.00 to $18.00 in a research note issued on Friday, Marketbeat reports. The firm currently has a "buy" rating on the stock. TD Cowen's target price points to a potential upside of 101.12% from the stock's previous close.
Gauzy Trading Down 7.3 %
NASDAQ GAUZ traded down $0.71 on Friday, hitting $8.95. 55,670 shares of the stock traded hands, compared to its average volume of 64,103. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average price of $9.55. Gauzy has a twelve month low of $8.17 and a twelve month high of $17.10.
Gauzy (NASDAQ:GAUZ - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by ($0.48). The company had revenue of $24.41 million during the quarter, compared to analyst estimates of $23.83 million. On average, analysts anticipate that Gauzy will post -1.95 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Gauzy
A number of institutional investors have recently modified their holdings of the business. Ibex Investors LLC bought a new stake in Gauzy in the 2nd quarter valued at about $40,030,000. Driehaus Capital Management LLC bought a new position in Gauzy in the 2nd quarter worth approximately $4,289,000. Millennium Management LLC acquired a new stake in Gauzy in the 2nd quarter valued at approximately $2,824,000. Ghisallo Capital Management LLC bought a new stake in Gauzy during the 2nd quarter valued at $1,491,000. Finally, Empyrean Capital Partners LP acquired a new position in Gauzy during the 2nd quarter worth $1,202,000.
About Gauzy
(
Get Free Report)
Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.
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