Vuzix Corporation (NASDAQ:VUZI) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Just yesterday Vuzix Corporation (NASDAQ:VUZI) traded 3.63% lower at $7.10. The company’s 50-day moving average is $8.06 and its two hundred day average is $6.42. With the last stock close up 32.39% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. 268,822 shares of Vuzix Corporation traded, down from ann average volume of 645,678.
Zacks Investment Research has downgraded Vuzix Corporation(NASDAQ:VUZI) to Sell in a report released 8/19/2016.
Previously on 8/17/2015, Chardan Capital Markets released a statement about Vuzix Corporation(NASDAQ:VUZI) dropped the target price from $10.00 to $7.00 that suggested an upside of 0.70%.
Recent Performance Chart:
Vuzix Corporation has a one-year low of $4.30 and a 52 week high of $9.80 . Vuzix Corporation’s total market value is presently $0.0.
Brief Synopsis On Vuzix Corporation (NASDAQ:VUZI)
Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally. The companyÂ’s products are worn like eyeglasses that enable the user to view video and digital content, such as movies, computer data, the Internet, or video games through various mobile electronic devices, such as cell phones, laptop computers, tablets, portable media players, and gaming systems. Its products include binocular video eyewear devices that contain two micro displays mounted in a frame attached to eyeglass-style temples or stereo headphones; monocular smart glasses products for the enterprise, industrial, and commercial markets; virtual reality video eyewear products that provide a user with 3D computer simulated environments, as well as video headphones; and augmented reality products, which provide a user a live, direct or indirect, view of a physical, and real-world environment. The company sells its products under the Vuzix brand name. Vuzix Corporation offers its products directly to consumers, as well as through specialty retailers, online retailers, distributors, resellers, and Web stores. The company was formerly known as Icuiti Corporation and changed its name to Vuzix Corporation in 2007. Vuzix Corporation was founded in 1997 and is based in West Henrietta, and New York.
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