Vuzix Co. (NASDAQ:VUZI - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.35 and traded as high as $3.37. Vuzix shares last traded at $3.32, with a volume of 836,937 shares trading hands.
Vuzix Trading Up 8.9 %
The company has a market capitalization of $304.75 million, a PE ratio of -3.34 and a beta of 1.62. The company's 50 day moving average price is $3.50 and its 200-day moving average price is $1.95.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC boosted its position in shares of Vuzix by 24.2% in the second quarter. Renaissance Technologies LLC now owns 65,200 shares of the company's stock worth $88,000 after buying an additional 12,700 shares during the period. Sei Investments Co. acquired a new position in Vuzix during the 2nd quarter worth approximately $33,000. ProShare Advisors LLC boosted its holdings in Vuzix by 22.3% in the 2nd quarter. ProShare Advisors LLC now owns 149,543 shares of the company's stock worth $202,000 after acquiring an additional 27,307 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Vuzix in the second quarter valued at approximately $57,000. Finally, Squarepoint Ops LLC raised its stake in shares of Vuzix by 541.4% during the second quarter. Squarepoint Ops LLC now owns 119,218 shares of the company's stock valued at $161,000 after purchasing an additional 100,632 shares during the period. Hedge funds and other institutional investors own 35.87% of the company's stock.
About Vuzix
(
Get Free Report)
Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company's products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.
Featured Stories
Before you consider Vuzix, 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 Vuzix wasn't on the list.
While Vuzix currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
