Barclays Cuts Gauzy (NASDAQ:GAUZ) Price Target to $10.00

Gauzy (NASDAQ:GAUZ) had its price objective decreased by Barclays from $13.00 to $10.00 in a research note released on Thursday morning,Benzinga reports. Barclays currently has an overweight rating on the stock.

A number of other brokerages have also issued reports on GAUZ. Wall Street Zen lowered shares of Gauzy from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. B. Riley cut their price target on shares of Gauzy from $14.00 to $13.00 and set a “buy” rating on the stock in a report on Thursday, May 15th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Gauzy presently has an average rating of “Hold” and an average target price of $11.00.

Gauzy Price Performance

Shares of Gauzy stock opened at $6.12 on Thursday. The firm has a market cap of $116.59 million, a PE ratio of -2.99 and a beta of -0.83. Gauzy has a 12-month low of $5.50 and a 12-month high of $13.00. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 1.97. The company’s fifty day simple moving average is $7.42 and its two-hundred day simple moving average is $8.73.

Institutional Investors Weigh In On Gauzy

Large investors have recently modified their holdings of the stock. Signaturefd LLC bought a new stake in shares of Gauzy during the 1st quarter valued at about $28,000. Citadel Advisors LLC boosted its stake in shares of Gauzy by 4.9% during the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company’s stock valued at $4,379,000 after purchasing an additional 20,674 shares in the last quarter. Northern Trust Corp bought a new stake in shares of Gauzy during the 4th quarter valued at about $505,000. Kingsview Wealth Management LLC bought a new stake in shares of Gauzy during the 1st quarter valued at about $82,000. Finally, Stifel Financial Corp lifted its position in Gauzy by 85.5% during the 4th quarter. Stifel Financial Corp now owns 207,275 shares of the company’s stock valued at $2,054,000 after acquiring an additional 95,527 shares during the period.

Gauzy Company Profile

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.