MicroVision, Inc. (NASDAQ:MVIS) has a beta value of 3.12 and has seen 5,777,539 shares traded in the last trading session. The company, currently valued at $188.17 Million, closed the last trade at $1.32 per share which meant it lost -$0.1 on the day or -7.69% during that session. The MVIS stock price is -43.94% off its 52-week high price of $1.9 and 88.64% above the 52-week low of $0.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 14.56 Million shares traded. The 3-month trading volume is 26.06 Million shares.
The consensus among analysts is that MicroVision, Inc. (MVIS) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 3 out of 3 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.02.
MicroVision, Inc. (NASDAQ:MVIS) trade information
Despite being -7.69% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Jun 22 when the MVIS stock price touched $1.9 or saw a rise of 30.53%. Year-to-date, MicroVision, Inc. shares have moved 83.33%, while the 5-day performance has seen it change -11.41%. Over the past 30 days, the shares of MicroVision, Inc. (NASDAQ:MVIS) have changed 41.18%. Short interest in the company has seen 12.04 Million shares shorted with days to cover at 0.46.
Wall Street analysts have a consensus price target for the stock at $0.25, which means that the shares’ value could jump -81.06% from current levels. The projected low price target is $0.25 while the price target rests at a high of $0.25. In that case, then, we find that the current price level is -81.06% off the targeted high while a plunge would see the stock lose -81.06% from current levels.
MicroVision, Inc. (MVIS) estimates and forecasts
Figures show that MicroVision, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +78.38% over the past 6 months, with this year growth rate of -62.5%, compared to 14.3% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 75% and 60% for the next quarter. Revenue growth from the last financial year stood is estimated to be -66.8%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +11.4% over the past 5 years. Earnings growth for 2020 is a modest +24% while over the next 5 years, the company’s earnings are expected to increase by 10%.