Microvision Inc (NASDAQ: MVIS) is -4.58% lower on its value in year-to-date trading and has touched a low of $0.80 and a high of $2.70 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MVIS stock was last observed hovering at around $1.45 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $1.25, the stock is -13.61% and -10.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.31 million and changing -13.79% at the moment leaves the stock 10.30% off its SMA200. MVIS registered -41.86% loss for a year compared to 6-month gain of 42.05%.
The stock witnessed a -20.38% loss in the last 1 month and extending the period to 3 months gives it a 38.11%, and is -8.76% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.95% over the week and 13.86% over the month.
Microvision Inc (MVIS) has around 340 employees, a market worth around $281.22M and $8.15M in sales. Profit margin for the company is -1049.43%. Distance from 52-week low is 56.25% and -53.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-110.29%).
with sales reaching $3.4M over the same period.The EPS is expected to grow by 10.00% this year, but quarterly earnings will post -3.82% year-over-year. Quarterly sales are estimated to shrink -33.35% in year-over-year returns.
Microvision Inc (MVIS) Top Institutional Holders
The shares outstanding are 224.98M, and float is at 222.34M with Short Float at 25.86%.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.3 million shares valued at $16.21 million. The investor’s holdings represent 7.7744% of the MVIS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.81 million shares valued at $15.7 million to account for 7.5281 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.06 million shares representing 2.5711% and valued at over $5.36 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.3565 of the shares totaling 4.64 million with a market value of $4.92 million.
Microvision Inc (MVIS) Insider Activity
A total of 0 insider transactions have happened at Microvision Inc (MVIS) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Microvision Inc (MVIS): Who are the competitors?
The company’s main competitors (and peers) include Himax Technologies Inc. ADR (HIMX) that is trading 57.63% up over the past 12 months. Texas Instruments Inc. (TXN) that is 12.73% higher over the same period.
