Empyrean Capital Partners LP bought a new position in shares of Gauzy (NASDAQ:GAUZ - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 100,000 shares of the company's stock, valued at approximately $1,202,000. Empyrean Capital Partners LP owned about 0.52% of Gauzy at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GAUZ. Point72 DIFC Ltd bought a new stake in Gauzy in the second quarter valued at approximately $170,000. Skylands Capital LLC acquired a new stake in Gauzy during the 2nd quarter valued at $825,000. Finally, Ibex Investors LLC acquired a new stake in Gauzy during the 2nd quarter valued at $40,030,000.
Gauzy Price Performance
NASDAQ GAUZ remained flat at $8.92 during trading on Thursday. 16,144 shares of the company's stock were exchanged, compared to its average volume of 76,727. The business's 50 day moving average is $10.13. Gauzy has a 52-week low of $8.17 and a 52-week high of $17.10. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 0.38.
Gauzy (NASDAQ:GAUZ - Get Free Report) last issued 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. Equities analysts expect that Gauzy will post -1.96 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on GAUZ shares. Stifel Nicolaus assumed coverage on shares of Gauzy in a research report on Monday, July 1st. They issued a "buy" rating and a $18.00 price objective on the stock. B. Riley initiated coverage on shares of Gauzy in a report on Tuesday, July 2nd. They issued a "buy" rating and a $21.00 price target on the stock. Barclays assumed coverage on Gauzy in a report on Monday, July 1st. They set an "overweight" rating and a $24.00 price objective for the company. Finally, TD Cowen started coverage on Gauzy in a research note on Monday, July 1st. They set a "buy" rating and a $24.00 target price on the stock.
Read Our Latest Stock Report on Gauzy
About Gauzy
(
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.
Featured Articles
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
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
