Gauzy (NASDAQ:GAUZ) Stock Price Down 5.1% – Time to Sell?

Gauzy (NASDAQ:GAUZGet Free Report) traded down 5.1% on Thursday . The stock traded as low as $10.00 and last traded at $10.58. 51,178 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 54,549 shares. The stock had previously closed at $11.15.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on GAUZ

Gauzy Trading Down 5.1 %

The company’s 50-day simple moving average is $9.88 and its 200 day simple moving average is $9.61. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.85 and a current ratio of 1.16.

Institutional Trading of Gauzy

A number of institutional investors and hedge funds have recently modified their holdings of GAUZ. Millennium Management LLC bought a new position in Gauzy in the 2nd quarter valued at $2,824,000. Stifel Financial Corp grew its position in Gauzy by 320.9% during the third 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. Finally, WR Wealth Planners LLC increased its holdings in Gauzy by 200.0% during the fourth 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 last quarter.

Gauzy Company Profile

(Get Free Report)

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.

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