MicroVision, Inc. (NASDAQ:MVIS - Get Free Report) was the target of unusually large options trading activity on Monday. Stock investors bought 15,286 call options on the company. This represents an increase of 53% compared to the average volume of 10,011 call options.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the company. StockNews.com upgraded MicroVision to a "sell" rating in a research note on Monday, March 10th. D. Boral Capital reaffirmed a "buy" rating and issued a $3.00 target price on shares of MicroVision in a research report on Tuesday. Finally, Westpark Capital reissued a "buy" rating and set a $2.00 price target on shares of MicroVision in a research report on Tuesday.
View Our Latest Report on MVIS
MicroVision Stock Down 8.1 %
Shares of NASDAQ MVIS traded down $0.11 during trading hours on Friday, hitting $1.20. The company had a trading volume of 3,925,574 shares, compared to its average volume of 3,805,217. The stock has a market capitalization of $261.73 million, a P/E ratio of -2.91 and a beta of 2.63. MicroVision has a 1-year low of $0.80 and a 1-year high of $1.95. The firm's 50 day moving average is $1.42 and its 200-day moving average is $1.20.
MicroVision (NASDAQ:MVIS - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The electronics maker reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.04). MicroVision had a negative net margin of 1,049.43% and a negative return on equity of 102.34%. The business had revenue of $1.65 million during the quarter, compared to analyst estimates of $3.25 million.
Institutional Trading of MicroVision
A number of institutional investors have recently bought and sold shares of the business. Caitlin John LLC acquired a new stake in MicroVision during the fourth quarter worth approximately $26,000. Cibc World Markets Corp bought a new stake in shares of MicroVision during the 4th quarter valued at $26,000. Tower Research Capital LLC TRC grew its holdings in shares of MicroVision by 226.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 22,852 shares of the electronics maker's stock worth $30,000 after purchasing an additional 15,861 shares in the last quarter. Warwick Investment Management Inc. bought a new position in shares of MicroVision in the fourth quarter worth $37,000. Finally, Synergy Asset Management LLC raised its stake in MicroVision by 140.4% in the fourth quarter. Synergy Asset Management LLC now owns 30,252 shares of the electronics maker's stock valued at $38,000 after purchasing an additional 17,669 shares in the last quarter. Institutional investors own 30.90% of the company's stock.
About MicroVision
(
Get Free Report)
MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.
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