Free Trial

A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Update

A2Z Smart Technologies logo with Computer and Technology background

A2Z Smart Technologies Corp. (NASDAQ:AZ - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 199,900 shares, a decrease of 20.0% from the April 30th total of 249,900 shares. Based on an average daily volume of 149,000 shares, the short-interest ratio is currently 1.3 days. Approximately 1.5% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Benchmark raised their price objective on shares of A2Z Smart Technologies from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Wednesday, March 26th.

Get Our Latest Stock Report on A2Z Smart Technologies

A2Z Smart Technologies Stock Down 1.1%

AZ stock traded down $0.10 during trading on Wednesday, hitting $8.96. The company had a trading volume of 68,860 shares, compared to its average volume of 103,300. The firm has a 50-day moving average price of $8.01 and a 200-day moving average price of $7.27. A2Z Smart Technologies has a 12 month low of $0.85 and a 12 month high of $9.93. The stock has a market cap of $265.13 million, a price-to-earnings ratio of -17.92 and a beta of 1.38.

A2Z Smart Technologies (NASDAQ:AZ - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.19) earnings per share for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Philadelphia Financial Management of San Francisco LLC acquired a new stake in shares of A2Z Smart Technologies during the 1st quarter worth approximately $2,242,000. Alyeska Investment Group L.P. acquired a new stake in A2Z Smart Technologies during the 1st quarter worth $8,514,000. Corsair Capital Management L.P. bought a new stake in shares of A2Z Smart Technologies during the 1st quarter valued at $157,000. Woodward Diversified Capital LLC acquired a new position in shares of A2Z Smart Technologies in the 1st quarter valued at $143,000. Finally, Hohimer Wealth Management LLC acquired a new position in shares of A2Z Smart Technologies in the 1st quarter valued at $141,000. 12.64% of the stock is currently owned by institutional investors and hedge funds.

About A2Z Smart Technologies

(Get Free Report)

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.

Recommended Stories

Should You Invest $1,000 in A2Z Smart Technologies Right Now?

Before you consider A2Z Smart Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and A2Z Smart Technologies wasn't on the list.

While A2Z Smart Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines