In yesterday’s Wall Street session, A2Z Smart Technologies Corp. (NASDAQ:AZ) shares traded at $2.03, up 3.57% from the previous session.
As of this writing, 1 analysts cover A2Z Smart Technologies Corp. (NASDAQ:AZ). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $18.00 and a low of $18.00, we find $18.00. Given the previous closing price of $1.96, this indicates a potential upside of 818.37 percent. AZ stock price is now 50.62% away from the 50-day moving average and -27.87% away from the 200-day moving average. The market capitalization of the company currently stands at $78.56M.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $18.00 as their price target over the next twelve months.
With the price target of $18, The Benchmark Company recently initiated with Buy rating for A2Z Smart Technologies Corp. (NASDAQ: AZ).
A total of 36.14% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AZ stock. A new stake in A2Z Smart Technologies Corp. shares was purchased by CITADEL ADVISORS LLC during the first quarter worth $77,000. VIRTU FINANCIAL LLC invested $25,000 in shares of AZ during the first quarter. In the first quarter, UBS GROUP AG acquired a new stake in A2Z Smart Technologies Corp. valued at approximately $3,000. In total, there are 7 active investors with 0.34% ownership of the company’s stock.
Thursday morning saw A2Z Smart Technologies Corp. (NASDAQ: AZ) opened at $2.0600. During the past 12 months, A2Z Smart Technologies Corp. has had a low of $0.89 and a high of $9.29. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.40, and a quick ratio of 1.10. The fifty day moving average price for AZ is $1.3478 and a two-hundred day moving average price translates $2.8144 for the stock.
The latest earnings results from A2Z Smart Technologies Corp. (NASDAQ: AZ) was released for Jun, 2022. The company reported revenue of $2.65 million for the quarter, compared to $0.28 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 853.24 percent.
A2Z Smart Technologies Corp.(AZ) Company Profile
A2Z Smart Technologies Corp. provides services in the field of advanced engineering capabilities to the military/security markets and governmental agencies in Israel. The company produces unmanned remote-controlled vehicles and energy power packs; products for the civilian and retail markets; and fuel tank intelligent containment system, a capsule that can be placed in a fuel tank to prevent gas tank explosions. It also offers retail automation solutions for large grocery stores and supermarkets, as well as offers maintenance and calibration services to external and in-house complex electronic systems and products. A2Z Smart Technologies is headquartered in Vancouver, Canada.
