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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.73 million shares were traded. MVIS stock price reached its highest trading level at $1.44 during the session, while it also had its lowest trading level at $1.34.
Ratios:
We take a closer look at MVIS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.04 and its Current Ratio is at 4.23. 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 273373792 and an Enterprise Value of 214633344. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.66 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 29.568 whereas that against EBITDA is -2.565.
Stock Price History:
The Beta on a monthly basis for MVIS is 3.05, which has changed by -0.23076922 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, MVIS has reached a high of $8.20, while it has fallen to a 52-week low of $1.39. The 50-Day Moving Average of the stock is -29.15%, while the 200-Day Moving Average is calculated to be -42.89%.
Shares Statistics:
According to the various share statistics, MVIS traded on average about 2.32M shares per day over the past 3-months and 1619470 shares per day over the past 10 days. A total of 194.74M shares are outstanding, with a floating share count of 193.33M. Insiders hold about 0.99% of the company’s shares, while institutions hold 31.72% stake in the company. Shares short for MVIS as of 1711584000 were 47728581 with a Short Ratio of 20.60, compared to 1709164800 on 48268365. Therefore, it implies a Short% of Shares Outstanding of 47728581 and a Short% of Float of 24.58.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $-0.11 for the current quarter, with a high estimate of $-0.1 and a low estimate of $-0.13, while EPS last year was $-0.11. The consensus estimate for the next quarter is $-0.12, with high estimates of $-0.11 and low estimates of $-0.13.
Analysts are recommending an EPS of between $-0.49 and $-0.54 for the fiscal current year, implying an average EPS of $-0.51. EPS for the following year is $-0.46, with 2 analysts recommending between $-0.41 and $-0.52.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $750k. It ranges from a high estimate of $1M to a low estimate of $500k. As of the current estimate, Microvision Inc.’s year-ago sales were $200k, an estimated increase of 275.00% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.6M, an increase of 100.00% less than the figure of $275.00% in the same quarter last year. There is a high estimate of $2M for the next quarter, whereas the lowest estimate is $1.2M.
A total of 2 analysts have provided revenue estimates for MVIS’s current fiscal year. The highest revenue estimate was $10M, while the lowest revenue estimate was $8.4M, resulting in an average revenue estimate of $9.2M. In the same quarter a year ago, actual revenue was $7.26M, up 26.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $52.5M in the next fiscal year. The high estimate is $56M and the low estimate is $49M. The average revenue growth estimate for next year is up 470.70% from the average revenue estimate for this year.
