The price of Microvision Inc (NASDAQ:MVIS) shares last traded on Wall Street fell -8.55% to $1.39.
MVIS stock price is now -1.41% away from the 50-day moving average and 21.54% away from the 200-day moving average. The market capitalization of the company currently stands at $312.72M.
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 $27957.07. A total of 1.19% 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 $1.95. 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 fifty day moving average price for MVIS is $1.406 and a two-hundred day moving average price translates $1.1425 for the stock.
The latest earnings results from Microvision Inc (NASDAQ: MVIS) was released for 2024-09-30. 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.
