MicroVision Inc. [NASDAQ: MVIS] surged by $4.83 during the normal trading session on Friday and reaching a high of $19.14 during the day while it closed the day at $17.97. The company report on April 23, 2021 that MicroVision To Announce First Quarter Results on April 29, 2021.
MicroVision, Inc. (NASDAQ: MVIS), a leader in MEMS based solid state automotive lidar and micro-display technology for augmented reality, announced that it will report its first quarter 2021 results on Thursday, April 29, 2021 after the close of the market.
Following the issuance of the company’s financial results press release, interested parties can listen to the company’s webcast which will start at 2:00 p.m. Pacific Time on Thursday, April 29, 2021 by accessing the Investor Relations section of MicroVision’s website on the Investor Relations Events Calendar page at https://microvision.gcs-web.com/investor-event-calendar. Investors may submit questions for management in advance to IR@MicroVision.com or beginning 10 minutes before or during the live webcast on April 29, 2021. The webcast will be available for rebroadcast from the Investor Relations section of MicroVision’s website on the Investor Relations Events Calendar page.
MicroVision Inc. stock has also gained 62.92% of its value over the past 7 days. However, MVIS stock has inclined by 165.83% in the 3 months of the year. Over the past six months meanwhile, it has gained 648.75% and gained 234.01% year-on date.
The market cap for MVIS stock reached $2.08 billion, with 148.24 million shares outstanding and 145.10 million shares in the current float. Compared to the average trading volume of 16.42M shares, MVIS reached a trading volume of 117972360 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about MicroVision Inc. [MVIS]:
Ladenburg Thalmann have made an estimate for MicroVision Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 26, 2017. While these analysts kept the previous recommendation, Rodman & Renshaw raised their target price to Buy. The new note on the price target was released on December 17, 2015, representing the official price target for MicroVision Inc. stock. Previously, the target price had yet another drop from $4 to $3.50, while Northland Capital kept a Outperform rating on MVIS stock. On March 07, 2013, analysts decreased their price target for MVIS shares from 16 to 4.
The Average True Range (ATR) for MicroVision Inc. is set at 2.29, with the Price to Sales ratio for MVIS stock in the period of the last 12 months amounting to 669.53. The Price to Book ratio for the last quarter was 299.50, with the Price to Cash per share for the same quarter was set at 0.15.
MVIS stock trade performance evaluation
MicroVision Inc. [MVIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 62.92. With this latest performance, MVIS shares gained by 36.14% in over the last four-week period, additionally plugging by 648.75% over the last 6 months – not to mention a rise of 7145.97% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MVIS stock in for the last two-week period is set at 62.47, with the RSI for the last a single of trading hit 70.64, and the three-weeks RSI is set at 58.75 for MicroVision Inc. [MVIS]. The present Moving Average for the last 50 days of trading for this stock 15.36, while it was recorded at 12.90 for the last single week of trading, and 6.37 for the last 200 days.
MicroVision Inc. [MVIS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and MicroVision Inc. [MVIS] shares currently have an operating margin of -455.18 and a Gross Margin at +54.76. MicroVision Inc.’s Net Margin is presently recorded at -441.23.
Return on Total Capital for MVIS is now -172.45, given the latest momentum, and Return on Invested Capital for the company is -188.15. Return on Equity for this stock declined to -244.18, with Return on Assets sitting at -69.96. When it comes to the capital structure of this company, MicroVision Inc. [MVIS] has a Total Debt to Total Equity ratio set at 20.52. Additionally, MVIS Total Debt to Total Capital is recorded at 17.02, with Total Debt to Total Assets ending up at 11.45. Long-Term Debt to Equity for the company is recorded at 13.00, with the Long-Term Debt to Total Capital now at 10.79.
Reflecting on the efficiency of the workforce at the company, MicroVision Inc. [MVIS] managed to generate an average of -$262,192 per employee. Receivables Turnover for the company is 5.73 with a Total Asset Turnover recorded at a value of 0.16.MicroVision Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.
Earnings per share (EPS) analysis for MicroVision Inc. [MVIS] stock
With the latest financial reports released by the company, MicroVision Inc. posted -0.04/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MVIS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MicroVision Inc. go to 10.00%.
MicroVision Inc. [MVIS]: Insider Ownership positions
There are presently around $410 million, or 14.80% of MVIS stock, in the hands of institutional investors. The top three institutional holders of MVIS stocks are: VANGUARD GROUP INC with ownership of 6,606,623, which is approximately 12.409% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 2,438,241 shares of the stock with an approximate value of $43.81 million in MVIS stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $38.58 million in MVIS stock with ownership of nearly 160.253% of the company’s market capitalization.
Positions in MicroVision Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 70 institutional holders increased their position in MicroVision Inc. [NASDAQ:MVIS] by around 10,259,300 shares. Additionally, 18 investors decreased positions by around 584,513 shares, while 17 investors held positions by with 11,951,800 shares. The mentioned changes placed institutional holdings at 22,795,613 shares, according to the latest SEC report filing. MVIS stock had 44 new institutional investments in for a total of 4,517,602 shares, while 8 institutional investors sold positions of 172,676 shares during the same period.