Vuzix Corporation (NASDAQ:VUZI) Plunges 17.85 in premarket

Vuzix Corporation (NASDAQ:VUZI) announced it has filed a patent with the U.S. Patent & Trademark Office on next generation waveguide-based augmented reality smart glasses that are currently in development. The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the VUZI is 10.40%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the VUZI is 28.80%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that VUZI. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public.

Institutional ownership is the amount of a Vuzix Corporation (NASDAQ:VUZI)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the VUZI is -2.23%.

U.S traded Vuzix Corporation (NASDAQ:VUZI) stock fell -4.22% on Friday and when day-trade ended the stock finally concluded at $4.09 and number of shares that changed hands during the day are 2.81 Million. The number of shares VUZI stock currently held by all its shareholders are 28.83 and floated shares, the number of shares are available for trading in an open market on last trading day are 23.67. The average volume of shares for 3 months is 618.53 and VUZI stock value has moved between $1.77 – 8.52 in last one year.

The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Vuzix Corporation (NASDAQ:VUZI) is 20.60% and the stock has gained -14.97% in 2019 to date.

U.S. traded shares of Vuzix Corporation (NASDAQ:VUZI)’s monthly stock performance is 73.31%, the quarterly performance is 33.66%, the half year performance is calculated as -14.79%. The yearly performance of VUZI is -42.19%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Vuzix Corporation (NASDAQ:VUZI) weekly volatility is measured as 11.72% and monthly volatility measured as 17.38%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. VUZI return on assets is -67.50%, the return on equity (ROE) of the Vuzix Corporation (NASDAQ:VUZI) is -76.30%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and VUZI return on investment is -71.70%.

The price to sales ratio is 14.93, and price to book ratio is 4.60, price to cash per share ration is 11.67.

Analysts mean target price for Vuzix Corporation (NASDAQ:VUZI) is $7.75. The current share price indicates that stock is -51.60% away from its one year high and is moving 131.07% ahead of its 52-week low. VUZI’s distance from 20 day simple moving average is 20.90% and distance from 50-Day simple moving average is 42.81%.