A2Z Cust2Mate Solutions (NASDAQ:AZ) Stock Rating Lowered by Wall Street Zen

A2Z Cust2Mate Solutions (NASDAQ:AZ) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “strong sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a report on Friday, August 1st.

A2Z Cust2Mate Solutions Trading Down 2.2%

NASDAQ AZ opened at $9.41 on Friday. A2Z Cust2Mate Solutions has a 12-month low of $1.38 and a 12-month high of $12.36. The company has a fifty day simple moving average of $10.19 and a two-hundred day simple moving average of $8.49. The stock has a market cap of $278.44 million, a P/E ratio of -7.84 and a beta of 1.45.

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

Hedge Funds Weigh In On A2Z Cust2Mate Solutions

Several institutional investors and hedge funds have recently modified their holdings of AZ. Honeycomb Asset Management LP purchased a new position in shares of A2Z Cust2Mate Solutions during the 2nd quarter valued at approximately $1,773,000. NewEdge Advisors LLC purchased a new stake in A2Z Cust2Mate Solutions during the second quarter worth $148,000. Marshall Wace LLP acquired a new stake in A2Z Cust2Mate Solutions during the second quarter valued at $412,000. XTX Topco Ltd purchased a new position in A2Z Cust2Mate Solutions in the second quarter valued at $219,000. Finally, ARS Investment Partners LLC acquired a new position in shares of A2Z Cust2Mate Solutions in the second quarter worth about $124,000. Institutional investors and hedge funds own 12.64% of the company’s stock.

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.