Vuzix (NASDAQ:VUZI) Issues Quarterly Earnings Results

Vuzix (NASDAQ:VUZI) announced its quarterly earnings data on Thursday. The company reported ($0.16) earnings per share for the quarter, Zacks reports. Vuzix had a negative net margin of 1,437.17% and a negative return on equity of 139.39%.

Vuzix Trading Down 4.8 %

Shares of NASDAQ VUZI traded down $0.11 during trading hours on Thursday, reaching $2.18. The stock had a trading volume of 1,582,397 shares, compared to its average volume of 2,143,264. The business’s fifty day moving average price is $3.57 and its two-hundred day moving average price is $2.42. The firm has a market cap of $160.48 million, a price-to-earnings ratio of -1.76 and a beta of 1.64. Vuzix has a 52-week low of $0.83 and a 52-week high of $5.79.

About Vuzix

Vuzix Corporation designs, manufactures, and markets smart glasses and augmented reality (AR) technologies and products for the enterprise, medical, defense, and consumer markets. The company’s products include head-mounted smart personal display and wearable computing devices that offer users a portable viewing experience, provide solutions for mobility, wearable displays, and augmented reality, as well as original equipment manufacturer waveguide optical components and display engines.