Ibex Investors LLC bought a new position in shares of Gauzy (NASDAQ:GAUZ - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,330,315 shares of the company's stock, valued at approximately $40,030,000. Gauzy accounts for 41.3% of Ibex Investors LLC's investment portfolio, making the stock its biggest position. Ibex Investors LLC owned about 17.48% of Gauzy at the end of the most recent quarter.
Separately, Skylands Capital LLC bought a new stake in shares of Gauzy in the second quarter valued at approximately $825,000.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. TD Cowen assumed coverage on Gauzy in a research report on Monday, July 1st. They issued a "buy" rating and a $24.00 price objective for the company. Stifel Nicolaus initiated coverage on Gauzy in a research report on Monday, July 1st. They issued a "buy" rating and a $18.00 target price for the company. B. Riley initiated coverage on Gauzy in a research report on Tuesday, July 2nd. They issued a "buy" rating and a $21.00 target price for the company. Finally, Barclays initiated coverage on Gauzy in a research report on Monday, July 1st. They issued an "overweight" rating and a $24.00 target price for the company.
Get Our Latest Stock Analysis on Gauzy
Gauzy Stock Performance
Gauzy stock traded up $0.10 during mid-day trading on Thursday, hitting $9.10. 10,763 shares of the company were exchanged, compared to its average volume of 80,759. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.03. The business has a fifty day moving average of $10.31. Gauzy has a 1-year low of $8.17 and a 1-year high of $17.10.
Gauzy (NASDAQ:GAUZ - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.88) earnings per share for the quarter, missing analysts' consensus estimates 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, analysts anticipate that Gauzy will post -1.96 EPS for the current fiscal year.
Gauzy Profile
(
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.
Read More
Before you consider Gauzy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gauzy wasn't on the list.
While Gauzy currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
