On Monday, Shares of Acuity Brands, Inc. (NYSE:AYI) lost -1.22% to $252.90. The share price is trading in a range of 252.01 - 256.25 (Price in Dollars). The stock exchanged hands with 390,313 shares contrast to its average daily volume of 536,843 shares. Acuity Brands, Inc. (AYI) recently declared newly improved ByteLight(TM) Services, featuring GeoMetri® Analytics and the Navigator mobile application. The integration of indoor positioning and navigation capabilities, together with visual maps to track visitor movements and facilitate real-time analytics, makes ByteLight a full-stack Platform-as-a-Service that assists retailers deliver a tailored, mobile-facilitated omnichannel shopping experience to their customers.
During the most recent trading day, the stock’s price shifted up 54.23 percent from its 52-week-low while 3.04 percent lower from its 52-week high. The stock’s price moved up its 200 day moving average of $217.76. The stock is presently trading up its SMA 50 of $232.70. ByteLight Services provide ultra-precise LED-based indoor positioning and RF-based wayfinding and beaconing technology. GeoMetri Analytics utilize robust and comprehensive map analytic tools to visualize ByteLight indoor positioning data on actual retail floor plans. This capability facilitates retailers to identify, measure and track pedestrian foot traffic. Real-time customer behavior data assists retailers and brand marketers make key marketing and product decisions based on traffic patterns, customer loyalty visits, in-store dwell times, new customer exposure, sales correlations and overall customer satisfaction. Retailers can also use ByteLight Services data to understand the impact of placing products, merchandising tables, or end caps in certain physical areas - and then organize floor plans and define space utilization to optimize merchandising strategy.
In addition to the analytics capability offered by the GeoMetri Analytics, the GeoMetri Navigator app assists create searchable indoor and outdoor maps for retailers and their customers, and facilitates retailers to provide location-based promotional offers. The mapping software optimizes indoor floor plan information so shoppers can search for and navigate to points of interest using a smartphone. Indoor routing and navigation options support floor plans with multiple floors, stairs, escalators, elevators and other alternative paths to reach the desired destinations.
The share price of Acuity Brands, Inc. (NYSE:AYI) surged 51.14 percent for the year. YTD, the current share price of the stock is above 8.29 percent. The company holds earnings per share (EPS) of $5.92 for the twelve months. The improved positioning, mapping and analytics data that ByteLight Services offer can also assist venue owners get the most out of their real estate decisions. The data provides foot traffic analysis, co-tenant traffic analysis, and site-to-site comparisons, which can be used to optimize rent per square foot and common area space utilization. This optimization can eventually lead to maximized lease and ad revenue.
