Gauzy (NASDAQ:GAUZ - Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 77,900 shares, a decline of 6.9% from the July 31st total of 83,700 shares. Approximately 0.7% of the company's shares are short sold. Based on an average daily trading volume, of 119,900 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. Skylands Capital LLC bought a new stake in Gauzy in the second quarter worth about $825,000. Ibex Investors LLC bought a new stake in Gauzy in the second quarter worth about $40,030,000. Point72 DIFC Ltd bought a new stake in Gauzy in the second quarter worth about $170,000. Empyrean Capital Partners LP bought a new stake in Gauzy in the second quarter worth about $1,202,000. Finally, Millennium Management LLC bought a new stake in Gauzy in the second quarter worth about $2,824,000.
Gauzy Stock Performance
Shares of NASDAQ GAUZ traded up $0.08 during trading on Monday, hitting $10.73. The stock had a trading volume of 34,600 shares, compared to its average volume of 92,354. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.03. Gauzy has a 12 month low of $8.17 and a 12 month high of $17.10. The company's fifty day moving average price is $10.54.
Gauzy (NASDAQ:GAUZ - Get Free Report) last released its 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 firm had revenue of $24.41 million during the quarter, compared to the consensus estimate of $23.83 million. As a group, equities research analysts predict that Gauzy will post -1.96 EPS for the current fiscal year.
Wall Street Analyst Weigh In
GAUZ has been the subject of several recent research reports. TD Cowen initiated coverage on Gauzy in a report on Monday, July 1st. They set a "buy" rating and a $24.00 price objective for the company. Stifel Nicolaus initiated coverage on shares of Gauzy in a research note on Monday, July 1st. They issued a "buy" rating and a $18.00 price objective on the stock. Barclays assumed coverage on shares of Gauzy in a report on Monday, July 1st. They set an "overweight" rating and a $24.00 price objective for the company. Finally, B. Riley started coverage on shares of Gauzy in a report on Tuesday, July 2nd. They issued a "buy" rating and a $21.00 target price on the stock.
Read Our Latest Stock Report on GAUZ
Gauzy Company Profile
(
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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