Gauzy (NASDAQ:GAUZ) Trading Down 9.5% – What’s Next?

Gauzy Ltd. (NASDAQ:GAUZ) shares traded down 9.5% during trading on Monday . The company traded as low as $0.7731 and last traded at $0.80. 288,668 shares traded hands during trading, an increase of 11% from the average session volume of 259,043 shares. The stock had previously closed at $0.8840.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Gauzy in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.00.

Gauzy Stock Performance

The company has a debt-to-equity ratio of 1.97, a current ratio of 0.66 and a quick ratio of 0.41. The company has a market capitalization of $15.24 million, a PE ratio of -0.39 and a beta of 0.21. The firm’s fifty day simple moving average is $1.17 and its 200 day simple moving average is $3.93.

Institutional Trading of Gauzy

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Connors Investor Services Inc. lifted its holdings in Gauzy by 45.5% in the second quarter. Connors Investor Services Inc. now owns 16,000 shares of the company’s stock valued at $135,000 after acquiring an additional 5,000 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Gauzy during the 2nd quarter worth approximately $95,000. Kingsview Wealth Management LLC increased its holdings in shares of Gauzy by 39.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 20,265 shares of the company’s stock valued at $128,000 after purchasing an additional 5,700 shares in the last quarter. Prospera Financial Services Inc purchased a new position in shares of Gauzy during the 3rd quarter valued at approximately $103,000. Finally, Bank of America Corp DE acquired a new position in shares of Gauzy in the 2nd quarter valued at $174,000.

About Gauzy

Gauzy Ltd. is a technology company specializing in smart glass and light-control solutions based on Suspended Particle Device (SPD) technology. The company develops and manufactures switchable glass and film products that can dynamically modulate light transmission, offering privacy, glare reduction and energy-saving benefits for a range of end markets.

Gauzy’s product portfolio includes SPD-Smart™ glass panels, retrofit SPD film and integrated skylight systems. These solutions are designed for architectural applications such as office partitions, conference rooms and façades, as well as for transportation markets including automotive, aviation and rail interiors.