Connors Investor Services Inc. Increases Position in Gauzy Ltd. $GAUZ

Connors Investor Services Inc. raised its holdings in shares of Gauzy Ltd. (NASDAQ:GAUZ) by 45.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 16,000 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. Connors Investor Services Inc.’s holdings in Gauzy were worth $135,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Zimmer Partners LP boosted its holdings in shares of Gauzy by 3.7% in the first quarter. Zimmer Partners LP now owns 673,958 shares of the company’s stock valued at $5,392,000 after purchasing an additional 24,055 shares during the period. Schechter Investment Advisors LLC purchased a new stake in shares of Gauzy in the first quarter valued at approximately $2,782,000. Kodai Capital Management LP boosted its holdings in shares of Gauzy by 11.2% in the first quarter. Kodai Capital Management LP now owns 44,473 shares of the company’s stock valued at $356,000 after purchasing an additional 4,473 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Gauzy in the second quarter valued at approximately $95,000. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of Gauzy in the first quarter valued at approximately $82,000.

Gauzy Stock Down 4.0%

Gauzy stock opened at $6.18 on Thursday. The business has a fifty day moving average of $5.93 and a two-hundred day moving average of $7.40. The company has a quick ratio of 0.41, a current ratio of 0.66 and a debt-to-equity ratio of 1.97. The firm has a market cap of $117.73 million, a P/E ratio of -3.01 and a beta of -0.57. Gauzy Ltd. has a twelve month low of $4.54 and a twelve month high of $13.00.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on GAUZ. Weiss Ratings reiterated a “sell (e+)” rating on shares of Gauzy in a report on Wednesday, October 8th. Barclays lowered their price target on Gauzy from $13.00 to $10.00 and set an “overweight” rating for the company in a report on Thursday, August 14th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $11.00.

Gauzy 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.