Shares of MicroVision, Inc. (NASDAQ:MVIS - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.09 and traded as high as $1.62. MicroVision shares last traded at $1.49, with a volume of 3,973,974 shares traded.
Analyst Ratings Changes
MVIS has been the subject of a number of research analyst reports. StockNews.com upgraded MicroVision to a "sell" rating in a research report on Friday, December 20th. Westpark Capital upped their price objective on MicroVision from $1.30 to $2.00 and gave the stock a "buy" rating in a report on Wednesday, January 22nd.
Get Our Latest Analysis on MicroVision
MicroVision Stock Performance
The stock has a market cap of $343.86 million, a price-to-earnings ratio of -3.83 and a beta of 2.87. The company's 50 day simple moving average is $1.20 and its two-hundred day simple moving average is $1.10.
MicroVision (NASDAQ:MVIS - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The electronics maker reported ($0.07) EPS for the quarter. The company had revenue of $0.19 million for the quarter. MicroVision had a negative net margin of 1,049.43% and a negative return on equity of 102.34%. During the same period in the prior year, the company earned ($0.12) earnings per share.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Lakeside Advisors INC. lifted its position in MicroVision by 19.4% in the 4th quarter. Lakeside Advisors INC. now owns 61,638 shares of the electronics maker's stock valued at $81,000 after acquiring an additional 10,000 shares in the last quarter. Caitlin John LLC acquired a new position in shares of MicroVision in the fourth quarter valued at approximately $26,000. Synergy Asset Management LLC grew its stake in shares of 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 acquiring an additional 17,669 shares in the last quarter. Bard Financial Services Inc. bought a new position in shares of MicroVision during the fourth quarter worth approximately $166,000. Finally, Virtu Financial LLC bought a new stake in shares of MicroVision during the 3rd quarter valued at $72,000. 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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