Chardan Capital Sticks to Their Buy Rating for Vuzix Corporation (VUZI)
Chardan Capital analyst James McIlree reiterated a Buy rating on Vuzix Corporation (VUZI) yesterday and set a price target of $10. The company’s shares closed on Friday at $2.88.
According to TipRanks.com, McIlree is ranked #4553 out of 5242 analysts.
Currently, the analyst consensus on Vuzix Corporation is a Moderate Buy with an average price target of $9.
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The company has a one-year high of $8.10 and a one-year low of $1.77. Currently, Vuzix Corporation has an average volume of 725.9K.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VUZI in relation to earlier this year.
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Vuzix Corp. engages in the design, manufacture, marketing, sale, and supply of augmented reality wearable display devices. Its products include personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays and virtual and augmented reality.