MicroVision, Inc. (NASDAQ:MVIS - Get Free Report) was the target of some unusual options trading activity on Monday. Stock traders purchased 21,753 call options on the company. This represents an increase of approximately 248% compared to the average volume of 6,246 call options.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. Westpark Capital raised their price objective on shares of MicroVision from $1.30 to $2.00 and gave the stock a "buy" rating in a research note on Wednesday, January 22nd. StockNews.com raised MicroVision to a "sell" rating in a research report on Friday, December 20th.
Read Our Latest Stock Report on MVIS
Institutional Trading of MicroVision
A number of institutional investors have recently bought and sold shares of the company. Caitlin John LLC acquired a new position in MicroVision in the 4th quarter worth about $26,000. Sei Investments Co. bought a new position in MicroVision during the second quarter valued at approximately $27,000. Aaron Wealth Advisors LLC bought a new position in MicroVision during the third quarter valued at approximately $31,000. Synergy Asset Management LLC lifted 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 acquiring an additional 17,669 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in MicroVision in the third quarter worth approximately $40,000. Institutional investors and hedge funds own 30.90% of the company's stock.
MicroVision Stock Performance
Shares of MVIS stock traded down $0.05 during trading on Thursday, hitting $1.48. 3,665,400 shares of the company were exchanged, compared to its average volume of 6,652,951. The business's 50-day simple moving average is $1.23 and its 200 day simple moving average is $1.10. MicroVision has a twelve month low of $0.80 and a twelve month high of $2.70. The firm has a market capitalization of $324.15 million, a price-to-earnings ratio of -3.61 and a beta of 2.87.
MicroVision (NASDAQ:MVIS - Get Free Report) last issued its earnings results on Thursday, November 7th. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter. MicroVision had a negative net margin of 1,049.43% and a negative return on equity of 102.34%. The company had revenue of $0.19 million for the quarter. During the same period in the prior year, the business earned ($0.12) earnings per share.
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.
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