A2Z Cust2Mate Solutions Corp. $AZ Stock Holdings Lifted by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. raised its position in shares of A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) by 31.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 396,980 shares of the company’s stock after purchasing an additional 95,300 shares during the quarter. A2Z Cust2Mate Solutions accounts for approximately 1.7% of Fortitude Advisory Group L.L.C.’s holdings, making the stock its 9th biggest position. Fortitude Advisory Group L.L.C.’s holdings in A2Z Cust2Mate Solutions were worth $3,172,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. ARS Investment Partners LLC purchased a new position in shares of A2Z Cust2Mate Solutions in the second quarter worth approximately $124,000. Osaic Holdings Inc. bought a new position in A2Z Cust2Mate Solutions in the second quarter worth approximately $146,000. NewEdge Advisors LLC purchased a new position in shares of A2Z Cust2Mate Solutions during the 2nd quarter worth $148,000. Savant Capital LLC bought a new stake in shares of A2Z Cust2Mate Solutions during the 3rd quarter valued at $125,000. Finally, XTX Topco Ltd bought a new stake in shares of A2Z Cust2Mate Solutions during the 2nd quarter valued at $219,000. Institutional investors own 12.64% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on AZ shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a research report on Wednesday, January 21st. Benchmark reaffirmed a “buy” rating on shares of A2Z Cust2Mate Solutions in a research note on Monday, January 5th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, A2Z Cust2Mate Solutions presently has a consensus rating of “Hold” and an average target price of $20.00.

A2Z Cust2Mate Solutions Stock Performance

Shares of A2Z Cust2Mate Solutions stock opened at $6.35 on Friday. A2Z Cust2Mate Solutions Corp. has a fifty-two week low of $5.00 and a fifty-two week high of $12.36. The company has a market capitalization of $265.75 million, a P/E ratio of -5.67 and a beta of 1.39. The company has a fifty day moving average of $6.72 and a 200 day moving average of $7.53.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.07) EPS for the quarter. A2Z Cust2Mate Solutions had a negative net margin of 488.70% and a negative return on equity of 86.58%.

A2Z Cust2Mate Solutions announced that its Board of Directors has initiated a share repurchase plan on Wednesday, January 7th that authorizes the company to buyback $20.00 million in shares. This buyback authorization authorizes the company to repurchase up to 6.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

A2Z Cust2Mate Solutions 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. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.