A2Z Cust2Mate Solutions Corp. $AZ is Fortitude Advisory Group L.L.C.’s 9th Largest Position

Fortitude Advisory Group L.L.C. lifted its position in A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) by 151.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 301,680 shares of the company’s stock after purchasing an additional 181,680 shares during the period. A2Z Cust2Mate Solutions comprises 1.8% of Fortitude Advisory Group L.L.C.’s portfolio, making the stock its 9th largest holding. Fortitude Advisory Group L.L.C.’s holdings in A2Z Cust2Mate Solutions were worth $3,189,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the first quarter worth $35,000. Hohimer Wealth Management LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the first quarter worth $141,000. Woodward Diversified Capital LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the first quarter worth $143,000. Corsair Capital Management L.P. purchased a new stake in shares of A2Z Cust2Mate Solutions in the first quarter worth $157,000. Finally, Weybosset Research & Management LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the second quarter worth $280,000. 12.64% of the stock is owned by hedge funds and other institutional investors.

A2Z Cust2Mate Solutions Stock Performance

Shares of NASDAQ:AZ opened at $7.85 on Friday. The firm has a fifty day moving average price of $8.90 and a 200 day moving average price of $8.88. A2Z Cust2Mate Solutions Corp. has a fifty-two week low of $1.76 and a fifty-two week high of $12.36. The firm has a market cap of $328.52 million, a price-to-earnings ratio of -6.54 and a beta of 1.39.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last issued its earnings results on Wednesday, August 13th. The company reported ($0.31) earnings per share for the quarter. A2Z Cust2Mate Solutions had a negative return on equity of 187.41% and a negative net margin of 479.28%.The company had revenue of $1.16 million for the quarter.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AZ. Weiss Ratings restated a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a research report on Saturday, September 27th. Wall Street Zen lowered shares of A2Z Cust2Mate Solutions from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, A2Z Cust2Mate Solutions has an average rating of “Hold” and a consensus price target of $20.00.

A2Z Cust2Mate Solutions Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.