Stock News in Focus: Vuzix® Corporation (NASDAQ:VUZI)

Vuzix® Corporation (NASDAQ:VUZI) stock observed trading -63.20% off 52-week high price. On the other end, the stock has been noted 11.52% away from low price over the last 52-weeks. The stock disclosed a move of -12.37% away from 50 day moving average and -23.18% away from 200 day moving average. Moving closer, we can see that shares have been trading -4.37% off 20-day moving average. It has market cap of $63.24M.

On Jan. 6, 2020, Vuzix® Corporation (NASDAQ:VUZI) a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, reported the commercial availability of a Smart Glasses Connector for Skype for Business application for the Vuzix M400 and the Vuzix Blade® Smart Glasses.

Skype for Business is a popular communications application with over 10 million users around the world. Skype for Business is built for both one-on-one and group conversations and works wherever its users are – via mobile, PC, and now smart glasses. Skype’s messaging and HD voice and video calling help people share experiences and get things done with others.

Skype remains a widely popular communications application among both individuals and businesses and our Smart Glasses Connector for Skype for Business application reflects the continuing expansion of our support for the world’s most widely-used voice and video products, said Paul Travers, Vuzix President and Chief Executive Officer.

The USA based company Vuzix Corporation moved with change of -3.66% to $1.84 with the total traded volume of 435505 shares in recent session versus to an average volume of 325.20K. The stock was observed in the 5 days activity at -3.16%. The one month performance of stock was -15.98%. VUZI’s shares are at -26.40% for the quarter and driving a -55.66% return over the course of the past year and is now at -8.46% since this point in 2018.  Right now the stock beta is 1.84. The average volatility for the week and month was at 5.57% and 6.90% respectively. There are 34.37M shares outstanding and 29.14M shares are floated in market.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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