After finishing at $2.00 in the prior trading day, Microvision Inc. (NASDAQ: MVIS) closed at $2.09, up 4.50%. In other words, the price has increased by $+0.0900 from its previous closing price. On the day, 1879547 shares were traded. MVIS stock price reached its highest trading level at $2.1000 during the session, while it also had its lowest trading level at $1.9900.
Ratios:
Our goal is to gain a better understanding of MVIS by taking a closer look at its different ratios. 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 397.07M and an Enterprise Value of 334.49M. For the stock, the TTM Price-to-Sale (P/S) ratio is 183.83 while its Price-to-Book (P/B) ratio in mrq is 4.02. Its current Enterprise Value per Revenue stands at 155.00 whereas that against EBITDA is -4.41.
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:
The stock has traded on average 2.16M shares per day over the past 3-months and 1.7M shares per day over the last 10 days, according to various share statistics. 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 23.12, 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
Its stock is currently analyzed by 1 different market 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.
