Gauzy (NASDAQ:GAUZ) Price Target Cut to $14.00 by Analysts at B. Riley

Gauzy (NASDAQ:GAUZ) had its price objective reduced by B. Riley from $15.50 to $14.00 in a research report sent to investors on Wednesday morning,Benzinga reports. They currently have a buy rating on the stock.

Several other research firms have also recently commented on GAUZ. TD Cowen dropped their price objective on Gauzy from $24.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Barclays dropped their price objective on Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a research report on Wednesday.

Gauzy Stock Performance

Shares of NASDAQ GAUZ opened at $7.17 on Wednesday. Gauzy has a twelve month low of $7.07 and a twelve month high of $17.10. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 0.38. The stock has a 50 day moving average price of $9.07.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Stifel Financial Corp lifted its holdings in Gauzy by 320.9% in the third quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock valued at $989,000 after acquiring an additional 85,198 shares during the period. Ghisallo Capital Management LLC bought a new position in Gauzy in the second quarter valued at about $1,491,000. Driehaus Capital Management LLC bought a new position in Gauzy in the second quarter valued at about $4,289,000. Millennium Management LLC bought a new position in Gauzy in the second quarter valued at about $2,824,000. Finally, Empyrean Capital Partners LP bought a new position in Gauzy in the second quarter valued at about $1,202,000.

Gauzy Company Profile

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.