KD Logo

A Guide To The Risks Of Investing In Vuzix Corporation (VUZI)

Vuzix Corporation’s filing revealed that its Director Harned Timothy Heydenreich acquired Company’s shares for reported $26188.0 on Apr 22 ’24. In the deal valued at $1.31 per share,20,000 shares were bought. As a result of this transaction, Harned Timothy Heydenreich now holds 186,016 shares worth roughly $0.21 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Travers Paul J bought 14,500 shares, generating $18,163 in total proceeds. Upon buying the shares at $1.25, the President and CEO now owns 2,859,670 shares.

Before that, Travers Paul J bought 7,500 shares. Vuzix Corporation shares valued at $10,062 were divested by the President and CEO at a price of $1.34 per share. As a result of the transaction, Travers Paul J now holds 2,845,170 shares, worth roughly $3.16 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 8.82% to $1.11. Over the last five days, the stock has gained 20.65%. Vuzix Corporation shares have fallen nearly -46.76% since the year began. Nevertheless, the stocks have fallen -69.92% over the past one year. While a 52-week high of $3.80 was reached on 01/02/24, a 52-week low of $0.83 was recorded on 08/15/24. SMA at 50 days reached $1.0864, while 200 days put it at $1.4700.

Levels Of Support And Resistance For VUZI Stock

The 24-hour chart illustrates a support level at 1.0434, which if violated will result in even more drops to 0.9768. On the upside, there is a resistance level at 1.1833. A further resistance level may holdings at 1.2566. The Relative Strength Index (RSI) on the 14-day chart is 62.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1110, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.95%. Stochastics %K at 46.14% indicates the stock is a holding.

How much short interest is there in Vuzix Corporation?

A steep rise in short interest was recorded in Vuzix Corporation stocks on 2024-08-30, growing by 1.45 million shares to a total of 9.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 7.57 million shares. There was a rise of 16.09%, which implies that there is a positive sentiment for the stock.

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.

Most Popular