Vuzix (NASDAQ:VUZI) Releases Earnings Results

Vuzix (NASDAQ:VUZI) issued its quarterly earnings results on Monday. The company reported ($0.11) EPS for the quarter, Zacks reports. Vuzix had a negative return on equity of 139.39% and a negative net margin of 1,437.17%.

Vuzix Stock Performance

NASDAQ:VUZI traded up $0.16 during trading hours on Monday, reaching $2.10. The stock had a trading volume of 2,098,636 shares, compared to its average volume of 1,500,392. The stock has a 50 day simple moving average of $2.00 and a 200 day simple moving average of $2.67. Vuzix has a 12-month low of $0.83 and a 12-month high of $5.79. The stock has a market cap of $160.11 million, a P/E ratio of -1.69 and a beta of 1.69.

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.