Vuzix Corporation’s recent filing unveils that its President and CEO Travers Paul J acquired Company’s shares for reported $18163.0 on Apr 22 ’24. In the deal valued at $1.25 per share,14,500 shares were bought. As a result of this transaction, Travers Paul J now holds 2,859,670 shares worth roughly $3.86 million.
Then, Travers Paul J bought 7,500 shares, generating $10,062 in total proceeds. Upon buying the shares at $1.34, the President and CEO now owns 2,845,170 shares.
Before that, Travers Paul J bought 7,500 shares. Vuzix Corporation shares valued at $19,274 were divested by the President and CEO at a price of $2.57 per share. As a result of the transaction, Travers Paul J now holds 2,837,670 shares, worth roughly $3.83 million.
BTIG Research downgraded its Vuzix Corporation [VUZI] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Dawson James’s analysts, who began to cover the stock in late December with a ‘”a Buy”‘ rating. Maxim Group also remained covering VUZI and has decreased its forecast on March 16, 2021 with a “Hold” recommendation from previously “Buy” rating. BTIG Research started covering the stock on February 17, 2021. It rated VUZI as “a Buy”.
Price Performance Review of VUZI
On Monday, Vuzix Corporation [NASDAQ:VUZI] saw its stock jump 11.57% to $1.35. Over the last five days, the stock has gained 9.76%. Vuzix Corporation shares have fallen nearly -35.25% since the year began. Nevertheless, the stocks have fallen -65.47% over the past one year. While a 52-week high of $6.06 was reached on 01/02/24, a 52-week low of $1.10 was recorded on 04/16/24. SMA at 50 days reached $1.4372, while 200 days put it at $2.7830. A total of 0.89 million shares were traded, compared to the trading of 0.55 million shares in the previous session.
Levels Of Support And Resistance For VUZI Stock
The 24-hour chart illustrates a support level at 1.2534, which if violated will result in even more drops to 1.1567. On the upside, there is a resistance level at 1.4033. A further resistance level may holdings at 1.4565. The Relative Strength Index (RSI) on the 14-day chart is 50.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0570, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.55%. Stochastics %K at 31.52% indicates the stock is a holding.
The most recent change occurred on January 19, 2021 when Maxim Group resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $13.
