Microvision Inc (NASDAQ: MVIS) – Suitable For Long Term Buy?

Currently, there are 224.98M common shares owned by the public and among those 222.16M shares have been available to trade.

The company’s stock has a 5-day price change of 9.35% and 40.74% over the past three months. MVIS shares are trading 16.03% year to date (YTD), with the 12-month market performance down to -35.86% lower. It has a 12-month low price of $0.80 and touched a high of $2.70 over the same period. MVIS has an average intraday trading volume of 6.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.64%, 22.73%, and 33.50% respectively.

Institutional ownership of Microvision Inc (NASDAQ: MVIS) shares accounts for 27.06% of the company’s 224.98M shares outstanding.

It has a market capitalization of $341.97M and a beta (3y monthly) value of 2.60. The earnings-per-share (ttm) stands at -$0.42. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.02% over the week and 11.71% over the month.

Earnings per share for the fiscal year are expected to increase by 13.33%, and 30.77% over the next financial year. EPS should grow at an annualized rate of 24.98% over the next five years, compared to -13.75% over the past 5-year period.

Looking at the support for the MVIS, a number of firms have released research notes about the stock. D. Boral Capital stated their Buy rating for the stock in a research note on Feb-11-25, with the firm’s price target at $3. Cantor Fitzgerald coverage for the Microvision Inc (MVIS) stock in a research note released on March 07, 2022 offered a Neutral rating with a price target of $5. Ladenburg Thalmann was of a view on January 26, 2017 that the stock is Buy, while Rodman & Renshaw gave the stock Buy rating on December 17, 2015, issuing a price target of $3.50. Northland Capital on their part issued Outperform rating on November 13, 2013.

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