Gauzy (NASDAQ:GAUZ) Lowered to “Hold” Rating by TD Cowen

Gauzy (NASDAQ:GAUZ) was downgraded by equities research analysts at TD Cowen from a “buy” rating to a “hold” rating in a report issued on Friday, MarketBeat Ratings reports. They presently have a $10.00 price target on the stock. TD Cowen’s price objective suggests a potential upside of 15.74% from the company’s previous close.

GAUZ has been the subject of a number of other research reports. Barclays cut their price objective on shares of Gauzy from $24.00 to $15.00 and set an “overweight” rating for the company in a research note on Wednesday, November 13th. B. Riley lowered 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.

Gauzy Stock Performance

Shares of Gauzy stock opened at $8.64 on Friday. Gauzy has a 52-week low of $6.78 and a 52-week high of $17.10. The company has a fifty day moving average of $10.74 and a 200-day moving average of $9.64. The company has a quick ratio of 0.85, a current ratio of 1.16 and a debt-to-equity ratio of 0.40.

Institutional Investors Weigh In On Gauzy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WR Wealth Planners LLC raised its holdings in Gauzy by 200.0% during the 4th quarter. WR Wealth Planners LLC now owns 3,000 shares of the company’s stock valued at $30,000 after buying an additional 2,000 shares during the last quarter. Connors Investor Services Inc. bought a new stake in Gauzy during the 4th quarter valued at $109,000. Northern Trust Corp bought a new stake in Gauzy during the 4th quarter valued at $505,000. Stifel Financial Corp raised its holdings in Gauzy by 320.9% in the 3rd quarter. Stifel Financial Corp now owns 111,748 shares of the company’s stock worth $989,000 after purchasing an additional 85,198 shares in the last quarter. Finally, Citadel Advisors LLC raised its holdings in Gauzy by 4.9% in the 4th quarter. Citadel Advisors LLC now owns 441,864 shares of the company’s stock worth $4,379,000 after purchasing an additional 20,674 shares in the last quarter.

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.