The stock of Microvision Inc (NASDAQ:MVIS) last traded at $1.17, down -10.98% from the previous session.
MVIS stock price is now -16.95% away from the 50-day moving average and 3.74% away from the 200-day moving average. The market capitalization of the company currently stands at $264.36M.
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With the price target of $3, D. Boral Capital recently initiated with Buy rating for Microvision Inc (NASDAQ: MVIS). On March 07, 2022, Cantor Fitzgerald recently initiated its ‘Neutral’ rating on the stock quoting a target price of $5, while ‘Ladenburg Thalmann’ rates the stock as ‘Buy’
In other news, Smith Jada, Director sold 20,113 shares of the company’s stock on Jan 28 ’25. The stock was sold for $32,384 at an average price of $1.61. Upon completion of the transaction, the Director now directly owns 20,113 shares in the company, valued at $23532.21. A total of 1.17% of the company’s stock is owned by insiders.
During the past 12 months, Microvision Inc has had a low of $0.80 and a high of $2.70. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 5.00, and a quick ratio of 4.58.
The net profit margin was -1049.43% and return on equity was -103.99% for MVIS. The company reported revenue of $0.19 million for the quarter, compared to $1.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -81.85 percent. For the current quarter, analysts expect MVIS to generate $3.25M in revenue.
