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MicroVision (MVIS) Expected to Announce Quarterly Earnings on Wednesday

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MicroVision (NASDAQ:MVIS - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect MicroVision to post earnings of ($0.10) per share and revenue of $3.25 million for the quarter. Investors that wish to register for the company's conference call can do so using this link.

MicroVision Stock Performance

NASDAQ:MVIS traded up $0.12 during trading hours on Friday, reaching $1.48. The company's stock had a trading volume of 7,398,154 shares, compared to its average volume of 3,702,630. The stock has a 50 day moving average price of $1.40 and a two-hundred day moving average price of $1.19. MicroVision has a 12 month low of $0.80 and a 12 month high of $1.95. The company has a market capitalization of $324.15 million, a P/E ratio of -3.61 and a beta of 2.63.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MVIS. Westpark Capital lifted their price target on shares of MicroVision from $1.30 to $2.00 and gave the stock a "buy" rating in a report on Wednesday, January 22nd. D. Boral Capital began coverage on shares of MicroVision in a report on Monday, February 10th. They issued a "buy" rating and a $3.00 price target on the stock. Finally, StockNews.com raised shares of MicroVision to a "sell" rating in a report on Monday, March 10th.

View Our Latest Analysis on MVIS

MicroVision Company Profile

(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.

Further Reading

Earnings History for MicroVision (NASDAQ:MVIS)

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