A2Z Cust2Mate Solutions (NASDAQ:AZ) Issues Earnings Results, Misses Expectations By $0.01 EPS

A2Z Cust2Mate Solutions (NASDAQ:AZ) released its quarterly earnings results on Wednesday. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.01), Zacks reports. A2Z Cust2Mate Solutions had a negative net margin of 241.67% and a negative return on equity of 49.91%.

A2Z Cust2Mate Solutions Trading Up 0.2%

NASDAQ:AZ traded up $0.01 during trading hours on Wednesday, reaching $6.25. 374,836 shares of the stock were exchanged, compared to its average volume of 439,919. A2Z Cust2Mate Solutions has a twelve month low of $4.97 and a twelve month high of $8.73. The business has a 50-day moving average of $5.90 and a two-hundred day moving average of $6.28. The company has a market capitalization of $278.38 million, a price-to-earnings ratio of -7.53 and a beta of 1.16. The company has a quick ratio of 6.56, a current ratio of 7.52 and a debt-to-equity ratio of 0.02.

Analysts Set New Price Targets

A number of brokerages have recently commented on AZ. Weiss Ratings reiterated a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a research report on Thursday, October 15th. Zacks Research upgraded shares of A2Z Cust2Mate Solutions from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.00.

About A2Z Cust2Mate Solutions

A2Z Cust2Mate Solutions Corp. is a technology company focused on transforming the in-store grocery shopping experience through smart shopping carts and retail technology. The company develops the Cust2Mate platform, which combines a shopping cart, touchscreen interface and software designed to support customer engagement and checkout activities. Cust2Mate’s solutions are intended to help grocery retailers provide services such as product discovery, in-store navigation, digital promotions, personalized offers and self-checkout.