Gauzy (NASDAQ:GAUZ) Stock Price Down 2.5% – Here’s What Happened

Gauzy Ltd. (NASDAQ:GAUZ) shares traded down 2.5% on Tuesday . The company traded as low as $0.37 and last traded at $0.3706. Approximately 138,196 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 91,524 shares. The stock had previously closed at $0.3801.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Gauzy in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $10.00.

Gauzy Trading Down 2.5%

The firm’s fifty day moving average price is $0.59 and its 200 day moving average price is $0.73. The firm has a market capitalization of $6.95 million, a PE ratio of -0.18 and a beta of -0.64.

Institutional Trading of Gauzy

A number of institutional investors have recently bought and sold shares of GAUZ. Virtu Financial LLC purchased a new position in Gauzy in the fourth quarter valued at about $80,000. Bank of America Corp DE purchased a new stake in shares of Gauzy during the 2nd quarter worth about $174,000. HRT Financial LP purchased a new stake in shares of Gauzy during the 4th quarter worth about $39,000. Finally, Jane Street Group LLC purchased a new stake in shares of Gauzy during the 4th quarter worth about $34,000.

About Gauzy

Gauzy Ltd. is a technology company specializing in smart glass and light-control solutions based on Suspended Particle Device (SPD) technology. The company develops and manufactures switchable glass and film products that can dynamically modulate light transmission, offering privacy, glare reduction and energy-saving benefits for a range of end markets.

Gauzy’s product portfolio includes SPD-Smart™ glass panels, retrofit SPD film and integrated skylight systems. These solutions are designed for architectural applications such as office partitions, conference rooms and façades, as well as for transportation markets including automotive, aviation and rail interiors.