Gauzy’s Lock-Up Period Set To End on December 3rd (NASDAQ:GAUZ)

Gauzy’s (NASDAQ:GAUZ) lock-up period will end on Tuesday, December 3rd. Gauzy had issued 4,411,765 shares in its public offering on June 6th. The total size of the offering was $75,000,005 based on an initial share price of $17.00. After the expiration of Gauzy’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Wall Street Analysts Forecast Growth

GAUZ has been the topic of a number of research analyst reports. Barclays lowered their price objective on shares of Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 13th. B. Riley lowered their price objective on shares of Gauzy from $15.50 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Finally, TD Cowen lowered their price objective on shares of Gauzy from $24.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday, November 1st.

Gauzy Trading Up 2.5 %

NASDAQ GAUZ opened at $8.09 on Tuesday. Gauzy has a twelve month low of $6.78 and a twelve month high of $17.10. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.85 and a current ratio of 1.16. The business’s 50 day moving average price is $8.84.

Hedge Funds Weigh In On Gauzy

Several institutional investors and hedge funds have recently added to or reduced their stakes in GAUZ. Point72 DIFC Ltd acquired a new stake in shares of Gauzy during the 2nd quarter valued at $170,000. Skylands Capital LLC acquired a new stake in shares of Gauzy during the 2nd quarter valued at $825,000. Stifel Financial Corp boosted its stake in shares of Gauzy by 320.9% during the 3rd quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock valued at $989,000 after buying an additional 85,198 shares during the period. Empyrean Capital Partners LP acquired a new stake in shares of Gauzy during the 2nd quarter valued at $1,202,000. Finally, Ghisallo Capital Management LLC acquired a new stake in shares of Gauzy during the 2nd quarter valued at $1,491,000.

About Gauzy

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.