MicroVision, Inc. (NASDAQ:MVIS - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.06 and traded as high as $1.22. MicroVision shares last traded at $1.19, with a volume of 5,600,551 shares.
Analyst Ratings Changes
MVIS has been the topic of a number of recent research reports. Westpark Capital assumed coverage on MicroVision in a research report on Thursday, December 19th. They set a "buy" rating and a $1.30 target price on the stock. StockNews.com upgraded MicroVision to a "sell" rating in a research report on Friday, December 20th.
Read Our Latest Stock Report on MicroVision
MicroVision Trading Up 2.5 %
The company has a 50 day moving average of $1.05 and a 200 day moving average of $1.06. The firm has a market cap of $267.20 million, a price-to-earnings ratio of -2.98 and a beta of 2.87.
Institutional Trading of MicroVision
Large investors have recently made changes to their positions in the business. Thoroughbred Financial Services LLC lifted its position in shares of MicroVision by 29.1% during the second quarter. Thoroughbred Financial Services LLC now owns 88,670 shares of the electronics maker's stock worth $93,000 after purchasing an additional 20,000 shares in the last quarter. Coldstream Capital Management Inc. lifted its holdings in MicroVision by 7.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 304,964 shares of the electronics maker's stock worth $348,000 after buying an additional 20,113 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of MicroVision by 158.3% in the 2nd quarter. Hsbc Holdings PLC now owns 39,168 shares of the electronics maker's stock valued at $41,000 after buying an additional 24,006 shares during the period. Sei Investments Co. bought a new position in MicroVision in the second quarter valued at about $27,000. Finally, Aaron Wealth Advisors LLC acquired a new stake in MicroVision in the third quarter worth about $31,000. Institutional investors own 30.90% of the company's stock.
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
Before you consider MicroVision, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MicroVision wasn't on the list.
While MicroVision currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
