Vuzix Story

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VUZI -- USA Stock  

USD 14.86  0.04  0.27%

In general, we focus on analyzing Vuzix (NASDAQ:VUZI) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vuzix daily price indicators and compare them against related drivers. Let's try to concentrate on what's happening with Vuzix amid unprecedented political, and economic uncertainty.
Published over a month ago
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Is Vuzix (NASDAQ:VUZI) gaining more confidence from stockholders?
We provide advice to complement the current expert consensus on Vuzix. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time.
The successful prediction of Vuzix stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Vuzix, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Vuzix based on Vuzix hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Vuzix's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Vuzix's related companies.

Use Technical Analysis to project Vuzix expected Price

Vuzix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Vuzix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Vuzix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How Vuzix utilizes its cash?

To perform a cash flow analysis of Vuzix, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Vuzix is receiving and how much cash it distributes out in a given period. The Vuzix cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Acquisition by Alexander Ruckdaeschel of 7500 shares of Vuzix subject to Rule 16b-3

Legal trades by Vuzix insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Vuzix insider trading alert for grant of common stock by Alexander Ruckdaeschel, the corporate stakeholder, on 30th of September 2020. This event was filed by Vuzix Corp with SEC on 2020-09-30. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Details

The company reported the previous year's revenue of 9.3 M. Net Loss for the year was (25.97 M) with loss before overhead, payroll, taxes, and interest of (4.41 M).

Will Vuzix current rise continue?

Sortino ratio is down to 0.15. It may hint to a possible volatility drop. Vuzix shows above-average downside volatility for the selected time horizon. We advise investors to inspect Vuzix further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Vuzix future alpha.

Our Conclusion on Vuzix

While some other companies under the consumer electronics industry are still a bit expensive, Vuzix may offer a potential longer-term growth to stockholders. To sum up, as of the 18th of December 2020, our analysis shows that Vuzix responds to the market. The company is undervalued and projects very low probability of distress for the next 2 years. Our up-to-date 30 days Buy-Hold-Sell recommendation on the company is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Vuzix. Please refer to our Terms of Use for any information regarding our disclosure principles.

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