A2Z Smart Technologies (NASDAQ:AZ – Get Free Report) released its earnings results on Monday. The company reported ($0.51) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.26), Zacks reports. The business had revenue of $2.00 million during the quarter, compared to analysts’ expectations of $2.00 million.
A2Z Smart Technologies Stock Down 2.1 %
NASDAQ:AZ opened at $6.91 on Wednesday. The stock has a fifty day simple moving average of $6.98 and a 200 day simple moving average of $5.88. The firm has a market capitalization of $189.64 million, a price-to-earnings ratio of -13.82 and a beta of 1.38. A2Z Smart Technologies has a 1-year low of $0.85 and a 1-year high of $8.28.
Analyst Ratings Changes
Separately, Benchmark raised their target price on A2Z Smart Technologies from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, March 26th.
A2Z Smart Technologies 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.
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