During the last session, MicroVision, Inc. (NASDAQ:MVIS)’s traded shares were 9,514,393, with the beta value of the company hitting 4.09. At the end of the trading day, the stock’s price was $14.6, reflecting an intraday loss of -4.7% or -$0.72. The 52-week high for the MVIS share is $24.18, that puts it down -65.62% from that peak though still a striking +98.63% gain since the share price plummeted to a 52-week low of $0.2. The company’s market capitalization is $2.3 Billion, and the average intraday trading volume over the past 10 days was 24.7 Million shares, and the average trade volume was 15.3 Million shares over the past three months.
MicroVision, Inc. (MVIS) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3. MVIS has a Sell rating from none of the analyst(s) out of 2 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while none of them suggest Overweight, and no one recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.02.
MicroVision, Inc. (NASDAQ:MVIS): Trading Information
MicroVision, Inc. (MVIS) registered a -4.7% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 24.63% in intraday trading to $19.37 this Wednesday, Mar 31, hitting a weekly high. The stock’s 5-day price performance is 18.6%, and it has moved by 13.88% in 30 days. Based on these gigs, the overall price performance for the year is 171.38%. The short interest in MicroVision, Inc. (NASDAQ:MVIS) is 24.11 Million shares and it means that shorts have 1.58 day(s) to cover.
The consensus price target of analysts on Wall Street is $0.25, which implies a decline of -98.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $0.25 and $0.25 respectively. As a result, MVIS is trading at a discount of -98.29% off the target high and -98.29% off the low.
MicroVision, Inc. (MVIS) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 20.8%. While earnings are projected to return 59% in 2021, the next five years will return 10% per annum.
MicroVision, Inc. (NASDAQ:MVIS)’s Biggest Investors
MicroVision, Inc. insiders own 0.81% of total outstanding shares while institutional holders control 14.81%, with the float percentage being 14.93%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 106 institutions own stock in it. As of Dec 30, 2020, the company held over 6.61 Million shares (or 4.2% of all shares), a total value of $35.54 Million in shares.
The next largest institutional holding, with 2.44 Million shares, is of Blackrock Inc.’s that is approximately 1.55% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $13.12 Million.
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Also, the Mutual Funds coming in first place with the largest holdings of MicroVision, Inc. (MVIS) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2020 indicates that Vanguard Total Stock Market Index Fund owns about 4,134,096 shares. This amounts to just over 2.63 percent of the company’s overall shares, with a $22.24 Million market value. The same data shows that the other fund manager holds slightly less at 2.16 Million, or about 1.37% of the stock, which is worth about $11.61 Million.