A2Z Cust2Mate Solutions (NASDAQ:AZ) Given "Sell (D-)" Rating at Weiss Ratings

Key Points

• A2Z Cust2Mate Solutions' stock has been reaffirmed with a "Sell (D-)" rating by Weiss Ratings, indicating ongoing negative outlook from analysts.
• The company's stock is currently down 1.1%, with a market capitalization of approximately $298.27 million and a significant negative return on equity of -256.23%.
• Recent institutional activity includes large investments from firms like Alyeska Investment Group and Fortitude Advisory Group, suggesting potential investor interest despite the negative rating.

Weiss Ratings reiterated their sell (d-) rating on shares of A2Z Cust2Mate Solutions (NASDAQ:AZ - Free Report) in a report published on Friday,Weiss Ratings reports.

A2Z Cust2Mate Solutions Price Performance

A2Z Cust2Mate Solutions stock traded down $0.20 during midday trading on Friday, hitting $9.69. 53,627 shares of the stock were exchanged, compared to its average volume of 171,744. A2Z Cust2Mate Solutions has a 1 year low of $1.38 and a 1 year high of $12.36. The firm has a market cap of $286.58 million, a P/E ratio of -9.93 and a beta of 1.45. The company has a 50 day moving average price of $10.09 and a two-hundred day moving average price of $8.33.

A2Z Cust2Mate Solutions (NASDAQ:AZ - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.19) EPS for the quarter. A2Z Cust2Mate Solutions had a negative net margin of 321.32% and a negative return on equity of 256.23%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. acquired a new position in A2Z Cust2Mate Solutions in the 1st quarter valued at approximately $8,514,000. Philadelphia Financial Management of San Francisco LLC acquired a new position in shares of A2Z Cust2Mate Solutions during the 1st quarter worth $2,242,000. Fortitude Advisory Group L.L.C. increased its stake in shares of A2Z Cust2Mate Solutions by 151.4% during the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 301,680 shares of the company's stock worth $3,189,000 after purchasing an additional 181,680 shares during the last quarter. Garnet Equity Capital Holdings Inc. acquired a new position in shares of A2Z Cust2Mate Solutions during the 4th quarter worth $1,986,000. Finally, IHT Wealth Management LLC acquired a new position in shares of A2Z Cust2Mate Solutions during the 4th quarter worth $1,156,000. Institutional investors and hedge funds own 12.64% of the company's stock.

About A2Z Cust2Mate Solutions

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.