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

TD Cowen cut shares of Gauzy (NASDAQ:GAUZ) from a buy rating to a hold rating in a research note issued to investors on Friday, Marketbeat.com reports. The brokerage currently has $10.00 price target on the stock.

GAUZ has been the topic of several other reports. B. Riley decreased their target price on shares of Gauzy from $15.50 to $14.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Barclays decreased their target price on shares of Gauzy from $24.00 to $15.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th.

Gauzy Stock Performance

GAUZ opened at $8.64 on Friday. The firm has a 50-day simple moving average of $10.74 and a two-hundred day simple moving average of $9.65. Gauzy has a 52 week low of $6.78 and a 52 week high of $17.10. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.16 and a quick ratio of 0.85.

Hedge Funds Weigh In On Gauzy

Hedge funds have recently added to or reduced their stakes in the stock. Stifel Financial Corp boosted its stake in shares of Gauzy by 85.5% during the fourth quarter. Stifel Financial Corp now owns 207,275 shares of the company’s stock valued at $2,054,000 after purchasing an additional 95,527 shares in the last quarter. Zimmer Partners LP boosted its stake in shares of Gauzy by 9.9% during the fourth quarter. Zimmer Partners LP now owns 649,903 shares of the company’s stock valued at $6,441,000 after purchasing an additional 58,587 shares in the last quarter. Northern Trust Corp bought a new position in shares of Gauzy during the fourth quarter valued at approximately $505,000. Citadel Advisors LLC boosted its stake in shares of Gauzy by 4.9% during 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 in the last quarter. Finally, Connors Investor Services Inc. bought a new position in shares of Gauzy during the fourth quarter valued at approximately $109,000.

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.