Gauzy (NASDAQ:GAUZ) Cut to “Hold” at TD Cowen

TD Cowen downgraded shares of Gauzy (NASDAQ:GAUZ) from a buy rating to a hold rating in a report issued on Friday, MarketBeat Ratings reports. They currently have $10.00 price target on the stock.

A number of other equities analysts have also recently weighed in on the company. B. Riley decreased their price target on Gauzy from $15.50 to $14.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Barclays dropped their target price on Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th.

Gauzy Trading Down 2.8 %

Shares of NASDAQ:GAUZ opened at $8.64 on Friday. Gauzy has a 1 year low of $6.78 and a 1 year high of $17.10. The stock has a 50-day simple moving average of $10.74 and a 200-day simple moving average of $9.64. The company has a current ratio of 1.16, a quick ratio of 0.85 and a debt-to-equity ratio of 0.40.

Institutional Investors Weigh In On Gauzy

Hedge funds have recently modified their holdings of the stock. Stifel Financial Corp lifted its stake in Gauzy by 320.9% in the 3rd quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock worth $989,000 after acquiring an additional 85,198 shares in the last quarter. WR Wealth Planners LLC increased its position in Gauzy by 200.0% in the 4th quarter. WR Wealth Planners LLC now owns 3,000 shares of the company’s stock worth $30,000 after buying an additional 2,000 shares during the period. Northern Trust Corp bought a new position in Gauzy in the 4th quarter worth approximately $505,000. Zimmer Partners LP increased its position in shares of Gauzy by 9.9% during the fourth quarter. Zimmer Partners LP now owns 649,903 shares of the company’s stock valued at $6,441,000 after purchasing an additional 58,587 shares during the period. Finally, Citadel Advisors LLC increased its position in shares of Gauzy by 4.9% during the fourth quarter. Citadel Advisors LLC now owns 441,864 shares of the company’s stock valued at $4,379,000 after purchasing an additional 20,674 shares during the period.

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.