B. Riley Cuts Gauzy (NASDAQ:GAUZ) Price Target to $14.00

Gauzy (NASDAQ:GAUZ) had its target price lowered by B. Riley from $15.50 to $14.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other research firms have also weighed in on GAUZ. TD Cowen reduced their target price on shares of Gauzy from $24.00 to $18.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Barclays reduced their price objective on shares of Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a research note on Wednesday.

Gauzy Price Performance

GAUZ stock opened at $8.11 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.03. Gauzy has a 12 month low of $7.36 and a 12 month high of $17.10. The business has a 50-day moving average of $9.19.

Hedge Funds Weigh In On Gauzy

Hedge funds have recently made changes to their positions in the stock. Ibex Investors LLC bought a new position in shares of Gauzy during the second quarter worth about $40,030,000. Millennium Management LLC bought a new position in shares of Gauzy during the second quarter worth about $2,824,000. Driehaus Capital Management LLC bought a new position in shares of Gauzy during the second quarter worth about $4,289,000. Ghisallo Capital Management LLC bought a new position in shares of Gauzy during the second quarter worth about $1,491,000. Finally, Empyrean Capital Partners LP bought a new position in shares of Gauzy during the second quarter worth about $1,202,000.

Gauzy Company Profile

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.