A2Z Cust2Mate Solutions' (AZ) Sell (D-) Rating Reiterated at Weiss Ratings

Key Points

• A2Z Cust2Mate Solutions (NASDAQ: AZ) has received a renewed "sell (D-)" rating from Weiss Ratings, indicating negative outlook from analysts.
• Wall Street Zen has downgraded the company from a "hold" to a "strong sell" rating as of Saturday.
• The company's shares have fluctuated significantly, with a 1-year low of $1.38 and a high of $12.36, reflecting volatility in its market performance.

Weiss Ratings restated their sell (d-) rating on shares of A2Z Cust2Mate Solutions (NASDAQ:AZ - Free Report) in a research report released on Saturday morning,Weiss Ratings reports.

Separately, Wall Street Zen cut shares of A2Z Cust2Mate Solutions from a "hold" rating to a "strong sell" rating in a report on Saturday, August 16th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, A2Z Cust2Mate Solutions has an average rating of "Buy" and an average target price of $20.00.

A2Z Cust2Mate Solutions Stock Performance

Shares of A2Z Cust2Mate Solutions stock traded down $0.15 during mid-day trading on Friday, hitting $8.91. 70,625 shares of the stock were exchanged, compared to its average volume of 171,131. The company has a market capitalization of $263.65 million, a P/E ratio of -7.43 and a beta of 1.45. The company has a 50-day simple moving average of $10.18 and a 200 day simple moving average of $8.52. A2Z Cust2Mate Solutions has a 12 month low of $1.38 and a 12 month high of $12.36.

A2Z Cust2Mate Solutions (NASDAQ:AZ - Get Free Report) last issued its quarterly earnings results on Wednesday, August 13th. The company reported ($0.31) earnings per share for the quarter. The company had revenue of $1.16 million during the quarter. A2Z Cust2Mate Solutions had a negative return on equity of 187.41% and a negative net margin of 479.28%.

Institutional Investors Weigh In On A2Z Cust2Mate Solutions

Several large investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC purchased a new position in A2Z Cust2Mate Solutions during the 1st quarter worth $35,000. ARS Investment Partners LLC purchased a new position in A2Z Cust2Mate Solutions in the 2nd quarter worth $124,000. NewEdge Advisors LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the 2nd quarter valued at $148,000. Hohimer Wealth Management LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the first quarter worth about $141,000. Finally, Woodward Diversified Capital LLC purchased a new stake in A2Z Cust2Mate Solutions during the first quarter worth $143,000. 12.64% of the stock is owned by hedge funds and other institutional investors.

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.