Vuzix (NASDAQ:VUZI) Issues Quarterly Earnings Results

Vuzix (NASDAQ:VUZI) announced its quarterly earnings data on Thursday. The company reported ($0.16) EPS 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 %

Vuzix stock traded down $0.11 on Thursday, hitting $2.18. 1,590,387 shares of the stock traded hands, compared to its average volume of 1,404,023. The firm has a market cap of $160.48 million, a P/E ratio of -1.76 and a beta of 1.64. The business’s fifty day simple moving average is $3.57 and its 200 day simple moving average is $2.42. Vuzix has a 1 year low of $0.83 and a 1 year high of $5.79.

Vuzix Company Profile

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.