Gauzy (NASDAQ:GAUZ) Cut to “Hold” at TD Cowen

TD Cowen downgraded shares of Gauzy (NASDAQ:GAUZ) from a buy rating to a hold rating in a research report sent to investors on Friday, MarketBeat.com reports. TD Cowen currently has $10.00 price target on the stock.

A number of other research analysts have also recently issued reports on GAUZ. B. Riley decreased their price target on shares of Gauzy from $15.50 to $14.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Barclays decreased their price target on shares of Gauzy from $24.00 to $15.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th.

Gauzy Price Performance

Shares of GAUZ opened at $8.64 on Friday. Gauzy has a twelve month low of $6.78 and a twelve month high of $17.10. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.85 and a current ratio of 1.16. The company has a 50 day moving average of $10.74 and a two-hundred day moving average of $9.65.

Institutional Trading of Gauzy

Institutional investors have recently modified their holdings of the stock. WR Wealth Planners LLC grew its position in shares of Gauzy by 200.0% in the fourth quarter. WR Wealth Planners LLC now owns 3,000 shares of the company’s stock valued at $30,000 after purchasing an additional 2,000 shares during the period. Connors Investor Services Inc. acquired a new stake in shares of Gauzy in the fourth quarter valued at about $109,000. Northern Trust Corp acquired a new stake in shares of Gauzy in the fourth quarter valued at about $505,000. Stifel Financial Corp grew its position in shares of Gauzy by 320.9% in the third quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock valued at $989,000 after purchasing an additional 85,198 shares during the period. Finally, Citadel Advisors LLC grew its position in shares of Gauzy by 4.9% in the fourth quarter. Citadel Advisors LLC now owns 441,864 shares of the company’s stock valued at $4,379,000 after purchasing an additional 20,674 shares during the period.

About Gauzy

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.