There Is Clear Momentum For Microvision Inc (NASDAQ: MVIS)

Microvision Inc (MVIS) concluded trading on Wednesday at a closing price of $1.75, with 32.37 million shares of worth about $56.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 82.86% during that period and on February 19, 2025 the price saw a gain of about 31.58%. Currently the company’s common shares owned by public are about 224.98M shares, out of which, 222.26M shares are available for trading.

Stock saw a price change of 24.11% in past 5 days and over the past one month there was a price change of 21.53%. Year-to-date (YTD), MVIS shares are showing a performance of 33.59% which decreased to -26.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.80 but also hit the highest price of $2.70 during that period. The average intraday trading volume for Microvision Inc shares is 6.23 million. The stock is currently trading 14.68% above its 20-day simple moving average (SMA20), while that difference is up 34.29% for SMA50 and it goes to 53.86% higher than SMA200.

Microvision Inc (NASDAQ: MVIS) currently have 224.98M outstanding shares and institutions hold larger chunk of about 28.98% of that.

The stock has a current market capitalization of $393.72M and its 3Y-monthly beta is at 2.59. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 4.58 while making debt-to-equity ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MVIS, volatility over the week remained 13.11% while standing at 12.23% over the month.

Analysts are in expectations that Microvision Inc (MVIS) stock would likely to be making an EPS of -0.09 in the current quarter, while forecast for next quarter EPS is -0.06 and it is -0.28 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.1 which is -0.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.1 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 10.00% while it is estimated to increase by 45.68% in next year. EPS is likely to grow at an annualized rate of 29.90% for next 5-years, compared to annual growth of -13.75% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by D. Boral Capital on February 10, 2025 offering a Buy rating for the stock and assigned a target price of $3 to it. Coverage by Cantor Fitzgerald stated Microvision Inc (MVIS) stock as a Neutral in their note to investors on March 07, 2022, suggesting a price target of $5 for the stock. On January 26, 2017, Ladenburg Thalmann Initiated their recommendations, while on December 17, 2015, Rodman & Renshaw Initiated their ratings for the stock with a price target of $3.50. Stock get an Outperform rating from Northland Capital on November 13, 2013.

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