Stock Traders Buy Large Volume of Call Options on A2Z Cust2Mate Solutions (NASDAQ:AZ)

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ - Get Free Report) was the recipient of some unusual options trading on Tuesday. Stock traders purchased 2,815 call options on the company. This represents an increase of 371% compared to the average daily volume of 598 call options.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On A2Z Cust2Mate Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Philadelphia Financial Management of San Francisco LLC acquired a new position in A2Z Cust2Mate Solutions during the 1st quarter worth approximately $2,242,000. Alyeska Investment Group L.P. purchased a new stake in shares of A2Z Cust2Mate Solutions during the 1st quarter worth approximately $8,514,000. Corsair Capital Management L.P. purchased a new stake in A2Z Cust2Mate Solutions in the 1st quarter valued at approximately $157,000. Woodward Diversified Capital LLC purchased a new stake in A2Z Cust2Mate Solutions in the 1st quarter valued at approximately $143,000. Finally, Hohimer Wealth Management LLC purchased a new stake in A2Z Cust2Mate Solutions in the 1st quarter valued at approximately $141,000. Institutional investors and hedge funds own 12.64% of the company's stock.

A2Z Cust2Mate Solutions Stock Down 0.7%

AZ stock traded down $0.07 during trading on Friday, hitting $10.36. The company had a trading volume of 344,024 shares, compared to its average volume of 116,018. The firm has a market cap of $306.55 million, a PE ratio of -10.63 and a beta of 1.46. A2Z Cust2Mate Solutions has a 1-year low of $0.85 and a 1-year high of $11.00. The firm has a 50-day moving average price of $8.66 and a 200-day moving average price of $7.53.

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

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.