Vuzix Corporation (VUZI) Shares are Up 1.13%

Vuzix Corporation (VUZI) : Traders are bullish on Vuzix Corporation (VUZI) as it has outperformed the S&P 500 by a margin of 31.08% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.51%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.13% in the last 1 week, and is up 39.93% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Vuzix Corporation (NASDAQ:VUZI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $7.69 and $7.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $8.35. The buying momentum continued till the end and the stock did not give up its gains. It closed at $8.06, notching a gain of 11.33% for the day. The total traded volume was 2,045,828 . The stock had closed at $7.24 on the previous day.


The stock has recorded a 20-day Moving Average of 16.16% and the 50-Day Moving Average is 29.01%. Vuzix Corporation is up 70.76% in the last 3-month period. Year-to-Date the stock performance stands at 6.19%.

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