A2Z Cust2Mate Solutions Corp. $AZ is Fortitude Advisory Group L.L.C.'s 9th Largest Position

Key Points

• Fortitude Advisory Group L.L.C. has increased its stake in A2Z Cust2Mate Solutions Corp. by 151.4% in the 2nd quarter, making it the firm's 9th largest position with a total of 301,680 shares.
• As of its latest earnings report, A2Z Cust2Mate Solutions posted a revenue of $1.16 million for the quarter, with an EPS of -$0.31 and a negative net margin of 479.28%.
• Recent analyst ratings show a consensus of "Hold" for the stock, with Weiss Ratings and Wall Street Zen giving it low scores due to its financial performance.

Fortitude Advisory Group L.L.C. increased its stake in shares of A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ - Free Report) by 151.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 301,680 shares of the company's stock after purchasing an additional 181,680 shares during the period. A2Z Cust2Mate Solutions makes up 1.8% of Fortitude Advisory Group L.L.C.'s investment portfolio, making the stock its 9th largest holding. Fortitude Advisory Group L.L.C. owned 1.02% of A2Z Cust2Mate Solutions worth $3,189,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AZ. FNY Investment Advisers LLC purchased a new position in shares of A2Z Cust2Mate Solutions during the first quarter valued at approximately $35,000. Hohimer Wealth Management LLC purchased a new position in shares of A2Z Cust2Mate Solutions during the first quarter valued at approximately $141,000. Woodward Diversified Capital LLC purchased a new position in shares of A2Z Cust2Mate Solutions during the first quarter valued at approximately $143,000. Corsair Capital Management L.P. purchased a new position in shares of A2Z Cust2Mate Solutions during the first quarter valued at approximately $157,000. Finally, Alyeska Investment Group L.P. purchased a new position in shares of A2Z Cust2Mate Solutions during the first quarter valued at approximately $8,514,000. 12.64% of the stock is owned by hedge funds and other institutional investors.

A2Z Cust2Mate Solutions Trading Up 4.8%

Shares of NASDAQ AZ opened at $7.85 on Friday. The firm has a 50 day moving average of $8.90 and a 200 day moving average of $8.88. The firm has a market capitalization of $328.52 million, a price-to-earnings ratio of -6.54 and a beta of 1.39. A2Z Cust2Mate Solutions Corp. has a 12-month low of $1.76 and a 12-month high of $12.36.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of A2Z Cust2Mate Solutions in a report on Saturday, September 27th. 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 analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $20.00.

A2Z Cust2Mate Solutions 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.

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