The closing price of Microvision Inc. (NASDAQ: MVIS) was $2.00 for the day, down -2.91% from the previous closing price of $2.06. In other words, the price has decreased by -$0.0600 from its previous closing price. On the day, 1746265 shares were traded.
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Ratios:
Our analysis of MVIS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.65 and its Current Ratio is at 3.80. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on March 07, 2022, initiated with a Neutral rating and assigned the stock a target price of $5.
On January 26, 2017, Ladenburg Thalmann started tracking the stock assigning a Buy rating and target price of $4.50.
On December 17, 2015, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $3.50.Rodman & Renshaw initiated its Buy rating on December 17, 2015, with a $3.50 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MVIS now has a Market Capitalization of 379.97M and an Enterprise Value of 317.39M. For the stock, the TTM Price-to-Sale (P/S) ratio is 175.92 while its Price-to-Book (P/B) ratio in mrq is 3.85. Its current Enterprise Value per Revenue stands at 147.08 whereas that against EBITDA is -4.18.
Stock Price History:
Over the past 52 weeks, MVIS has reached a high of $8.20, while it has fallen to a 52-week low of $1.82. The 50-Day Moving Average of the stock is 2.4612, while the 200-Day Moving Average is calculated to be 2.9402.
Shares Statistics:
MVIS traded an average of 2.17M shares per day over the past three months and 1.7M shares per day over the past ten days. A total of 189.99M shares are outstanding, with a floating share count of 188.04M. Insiders hold about 1.03% of the company’s shares, while institutions hold 32.58% stake in the company. Shares short for MVIS as of Jan 31, 2024 were 50M with a Short Ratio of 23.05, compared to 49.52M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 26.32% and a Short% of Float of 26.47%.
Earnings Estimates
The firm’s stock currently is rated by 1 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.09, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.38 and -$0.38 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is -$0.36, with 1 analysts recommending between -$0.36 and -$0.36.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for MVIS’s current fiscal year. The highest revenue estimate was $7.66M, while the lowest revenue estimate was $7.3M, resulting in an average revenue estimate of $7.48M. In the same quarter a year ago, actual revenue was $664k, up 1,026.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $75M in the next fiscal year. The high estimate is $100M and the low estimate is $50M. The average revenue growth estimate for next year is up 902.70% from the average revenue estimate for this year.
