International Business Machines (NYSE:IBM)- Active Mix Cap Retreated Movers: Vuzix Corporation (NASDAQ:VUZI)

International Business Machines Corporation (NYSE:IBM) [Trend Analysis] plunged reacts as active mover, shares a loss -0.16% to trade at $168.43 and the percentage gap between open changing to regular change was -0.01%. IBM (IBM) declared that annual “IBM 5 in 5”, which is a list of ground-breaking scientific innovations with the potential to change people’s lives during the next five years.

These include, ‘With AI, our words will open a window into our mental health’, ‘Hyperimaging and AI will give us superhero vision’, ‘Macroscopes will help us understand Earth’s complexity in infinite detail’, Medical labs “on a chip” will serve as health detectives for tracing disease at the nanoscale’, and ‘Smart sensors will detect environmental pollution at the speed of light’.

The company also declared about the five scientific instruments they are working on regarding these that will make the invisible visible in the next 5 years. The firm’s current ratio calculated as 1.20 for the most recent quarter. The firm past twelve months price to sales ratio was 2.01 and price to cash ratio remained 15.95. As far as the returns are concern, the return on equity was recorded as 76.40% and return on investment was 23.40% while its return on asset stayed at 10.20%. The firm has total debt to equity ratio measured as 2.50.

Vuzix Corporation (NASDAQ:VUZI) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -1.75% to $7.03. Vuzix Corporation (NASDAQ:VUZI) reported that Company will showcase a line of new waveguide-based Augmented Reality devices at CES 2017. These products are fully functioning devices utilizing Vuzix’ new ultrathin waveguide-based optics and Cobra II engine, incorporating Texas Instruments DLP® PicoTM display technology.

“Vuzix is going to be showcasing what we feel is a ‘world’s first’ utilizing our unique optics technology and custom Cobra II display engine incorporating TI DLP Pico technology. This new technology will enable some of the smallest and lightweight form factors in the industry. The technology being shown in these new devices marks the beginning of a major shift in what’s possible for wearable display solutions and we are excited to be driving it,” said Paul Travers, President and Chief Executive Officer of Vuzix. The share price of VUZI attracts active investors, as stock price of week’s volatility recorded 5.69%. The stock is going forward to its 52-week’s low with 63.37% and lagging behind from its 52-week’s high price with -28.32%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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