Is vuzix stock a good investment?

Vuzix Corporation – Hold

Valuation metrics show that Vuzix Corporation may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of VUZI, demonstrate its potential to underperform the market. It currently has a Growth Score of D.

Similarly Is vuzix a good company? VUZI – Vuzix (VUZI) is well-positioned to capitalize on augmented reality’s growth over the long term. However, its stock has tumbled more than 20% in price over the past six months and is currently trading below its 200-day moving average.

Is vuzix overvalued? In conclusion, The stock of Vuzix (NAS:VUZI, 30-year Financials) is believed to be significantly overvalued. The company’s financial condition is fair and its profitability is poor. Its growth ranks better than 76% of the companies in Hardware industry.

Additionally, Who are vuzix competitors?

Vuzix’s top competitors include ThirdEye Gen, MicroVision, WaveOptics and Manus VR.

Who is buying vuzix?

Cathie Wood-led Ark Investment Management bought 773,400 shares in Vuzix Corp VUZI on Friday, estimated to be worth about $13.5 million.

How does vuzix make money? Vuzix attributed most of its growth in 2020 to robust sales of its M400 smartglasses, as well as brisk OEM orders from medical and defense customers.

Does Cathie Wood own Vuzix? A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 940,000 shares of Vuzix Corp. (NASDAQ: VUZI) on Tuesday, as the share price of these funds were relatively flat in the day’s session.

Is vuzix publicly traded? Our stock is traded on the Nasdaq under the symbol VUZI.

How do I buy vuzix stock?

How to buy shares in Vuzix Corporation

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Did Ark sell vuzix? A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 940,000 shares of Vuzix Corp.

Cathie Wood’s ARK Invest Buys Over 940,000 Shares of This Augmented Reality Firm.

Fund ARKQ
Ticker VUZI
Company VUZIX CORP
Shares 262,826

• 11 août 2021

How many vuzix shares does Cathie Wood own?

Wood now holds 7.35 million shares total, which make up 0.18% of the equity portfolio. GuruFocus data shows she has lost an estimated 29.73% on the investment so far. Wood’s holding history of Vuzix.

What stocks is Cathie Woods buying? It snapped up Tesla, Coinbase and Zoom Thursday. Tesla is the No. 1 holding in Ark’s flagship Ark Innovation ETF.

Does Ark own vuzix?

We got further news in May that CEO Cathie Wood’s ARK Invest had taken a $10 million stake in Vuzix through its Ark Next Generation Internet ETF. ARK Invest is one of the most followed investment funds, so a lot of the volatility in Vuzix shares can likely be attributed to other investors’ reactions to ARK’s moves.

What sector is vuzix in?

Key Data

Label Value
Sector Capital Goods
Industry Industrial Machinery/Components
1 Year Target $15.00
Today’s High/Low $6.85/$6.48

Why is Vuzi stock dropping today? Vuzix ( VUZI -3.62% ) took a tumble on Tuesday after the company reported disappointing earnings results.

Why is Vuzi going down? Vuzix ( VUZI -3.62% ) took a tumble on Tuesday after the company reported disappointing earnings results. Shares of the augmented reality glasses company were down as much as 18.4% on the news.

How much Vuzi does Ark own?

Cathie Wood-led Ark Investment Management bought 773,400 shares in Vuzix Corp (NASDAQ:VUZI) on Friday, estimated to be worth about $13.5 million. Shares of Vuzix, which makes smart glasses for the consumer, defense, security and enterprise markets, fell 8.54% to $17.46 on Friday.

Did Cathie buy XPEV? Cathie Wood led Ark Investment Management last Friday bought 24,876 shares —estimated to be worth $942,551 based on the latest closing price— in the U.S.-listed Chinese electric vehicle maker Xpeng Inc XPEV on the dip. The Guangzhou, China-based Xpeng’s shares closed 3.7% lower at $37.89 a share on Friday.

Why is vuzix going up today?

Why was Vuzix stock up so much today? Because of management’s bullish guidance for Q4 and 2022. In Q4, Vuzix is expecting sequential revenue growth from Q3 as it continues to grow its smart-glasses deliveries. In 2022, the company is expecting to release four new smart-glasses products.

 

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