Vuzix Co. (NASDAQ:VUZI - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.34 and traded as high as $4.43. Vuzix shares last traded at $3.94, with a volume of 3,148,430 shares.
Vuzix Stock Performance
The stock has a market capitalization of $290.04 million, a P/E ratio of -3.18 and a beta of 1.75. The stock has a 50-day moving average price of $2.40 and a two-hundred day moving average price of $1.59.
Institutional Trading of Vuzix
A number of hedge funds and other institutional investors have recently modified their holdings of VUZI. XTX Topco Ltd bought a new stake in Vuzix in the second quarter worth $32,000. Sei Investments Co. purchased a new position in shares of Vuzix in the 2nd quarter worth about $33,000. Point72 DIFC Ltd bought a new position in Vuzix in the 2nd quarter worth about $42,000. Cubist Systematic Strategies LLC purchased a new stake in Vuzix during the 2nd quarter valued at about $57,000. Finally, Renaissance Technologies LLC increased its stake in Vuzix by 24.2% during the 2nd quarter. Renaissance Technologies LLC now owns 65,200 shares of the company's stock valued at $88,000 after purchasing an additional 12,700 shares in the last quarter. 35.87% of the stock is owned by hedge funds and other institutional investors.
About Vuzix
(
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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.
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