Brokerages Set Gauzy Ltd. (NASDAQ:GAUZ) PT at $11.00

Gauzy Ltd. (NASDAQ:GAUZ) has earned an average recommendation of “Hold” from the five brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $11.00.

A number of research analysts have commented on the company. Barclays reduced their price objective on Gauzy from $13.00 to $10.00 and set an “overweight” rating on the stock in a research note on Thursday, August 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Gauzy in a report on Wednesday, October 8th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GAUZ. Kingsview Wealth Management LLC grew its holdings in Gauzy by 42.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 14,565 shares of the company’s stock valued at $123,000 after purchasing an additional 4,345 shares in the last quarter. Kodai Capital Management LP lifted its holdings in Gauzy by 11.2% in the 1st quarter. Kodai Capital Management LP now owns 44,473 shares of the company’s stock worth $356,000 after buying an additional 4,473 shares in the last quarter. Connors Investor Services Inc. boosted its position in Gauzy by 45.5% in the 2nd quarter. Connors Investor Services Inc. now owns 16,000 shares of the company’s stock valued at $135,000 after buying an additional 5,000 shares during the last quarter. SouthState Corp acquired a new stake in shares of Gauzy during the first quarter valued at about $56,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Gauzy during the second quarter worth about $95,000.

Gauzy Stock Performance

NASDAQ:GAUZ opened at $2.00 on Friday. The firm’s fifty day simple moving average is $5.39 and its 200 day simple moving average is $6.57. The company has a current ratio of 0.66, a quick ratio of 0.41 and a debt-to-equity ratio of 1.97. Gauzy has a twelve month low of $1.52 and a twelve month high of $13.00. The firm has a market capitalization of $38.10 million, a price-to-earnings ratio of -0.98 and a beta of -0.61.

About Gauzy

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.