A2Z Cust2Mate Solutions (NASDAQ:AZ) Trading 2% Higher - What's Next?

Shares of A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ - Get Free Report) shot up 2% during mid-day trading on Wednesday . The stock traded as high as $10.79 and last traded at $10.44. 216,150 shares were traded during trading, an increase of 77% from the average session volume of 121,972 shares. The stock had previously closed at $10.24.

Analysts Set New Price Targets

Separately, Benchmark lifted their target price on shares of A2Z Cust2Mate Solutions from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, March 26th.

A2Z Cust2Mate Solutions Stock Up 2.1%

The stock has a market capitalization of $337.92 million, a P/E ratio of -11.71 and a beta of 1.46. The firm's 50 day simple moving average is $9.46 and its two-hundred day simple moving average is $7.88.

A2Z Cust2Mate Solutions (NASDAQ:AZ - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.19) earnings per share (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 hedge funds and other institutional investors have recently added to or reduced their stakes in AZ. Alyeska Investment Group L.P. purchased a new position in A2Z Cust2Mate Solutions during the first quarter worth about $8,514,000. Philadelphia Financial Management of San Francisco LLC purchased a new position in A2Z Cust2Mate Solutions during the first quarter worth about $2,242,000. Garnet Equity Capital Holdings Inc. purchased a new position in A2Z Cust2Mate Solutions during the fourth quarter worth about $1,986,000. IHT Wealth Management LLC purchased a new position in A2Z Cust2Mate Solutions during the fourth quarter worth about $1,156,000. Finally, Fortitude Advisory Group L.L.C. purchased a new position in A2Z Cust2Mate Solutions during the first quarter worth about $906,000. 12.64% of the stock is currently owned by hedge funds and other institutional investors.

A2Z Cust2Mate Solutions Company Profile

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.