Philadelphia Financial Management of San Francisco LLC Takes Position in A2Z Cust2Mate Solutions Corp. $AZ

Key Points

• Philadelphia Financial Management of San Francisco LLC has purchased approximately $2.24 million worth of shares in A2Z Cust2Mate Solutions Corp., acquiring 317,634 shares during the 1st quarter of the year.
• The stock of A2Z Cust2Mate Solutions has seen a 1.8% decline recently, with a current market capitalization of $252.70 million and a P/E ratio of -7.12.
• Analysts have issued mixed ratings on A2Z Cust2Mate Solutions, with Weiss Ratings maintaining a "sell" rating and a consensus target price of $20.00 from one analyst who rated it as a "Buy."

Philadelphia Financial Management of San Francisco LLC bought a new stake in shares of A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The firm bought 317,634 shares of the company's stock, valued at approximately $2,242,000. Philadelphia Financial Management of San Francisco LLC owned 1.07% of A2Z Cust2Mate Solutions as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in AZ. FNY Investment Advisers LLC purchased a new position in A2Z Cust2Mate Solutions in the first quarter valued at about $35,000. Hohimer Wealth Management LLC acquired a new position in A2Z Cust2Mate Solutions in the first quarter valued at approximately $141,000. Woodward Diversified Capital LLC acquired a new position in A2Z Cust2Mate Solutions during the 1st quarter valued at approximately $143,000. Corsair Capital Management L.P. acquired a new position in A2Z Cust2Mate Solutions during the 1st quarter valued at approximately $157,000. Finally, Fortitude Advisory Group L.L.C. acquired a new position in A2Z Cust2Mate Solutions during the 1st quarter valued at approximately $906,000. 12.64% of the stock is currently owned by hedge funds and other institutional investors.

A2Z Cust2Mate Solutions Price Performance

NASDAQ:AZ traded up $0.66 during mid-day trading on Thursday, reaching $8.71. The stock had a trading volume of 246,477 shares, compared to its average volume of 178,479. The stock has a market cap of $257.73 million, a P/E ratio of -7.25 and a beta of 1.43. The business's 50 day moving average is $9.78 and its 200 day moving average is $8.73. A2Z Cust2Mate Solutions Corp. has a fifty-two week low of $1.66 and a fifty-two week 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 company had revenue of $1.16 million for the quarter. A2Z Cust2Mate Solutions had a negative return on equity of 187.41% and a negative net margin of 479.28%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Wall Street Zen lowered A2Z Cust2Mate Solutions from a "hold" rating to a "strong sell" rating in a research report on Saturday, August 16th. Weiss Ratings reissued a "sell (d-)" rating on shares of A2Z Cust2Mate Solutions in a research note on Saturday, August 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, A2Z Cust2Mate Solutions presently has a consensus rating of "Buy" and an average price target of $20.00.

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.