MicroVision Inc. (NASDAQ:MVIS) has a beta value of 3.96 and has seen 74,012,527 shares traded in the last trading session. The company, currently valued at $2.41 Billion, closed the last trade at $15.25 per share which meant it lost -$2.75 on the day or -15.28% during that session. The MVIS stock price is -58.56% off its 52-week high price of $24.18 and 98.69% above the 52-week low of $0.2. If we look at the company’s 10-day average daily trading volume, we find that it stood at 24.7 Million shares traded. The 3-month trading volume is 15.3 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. 2 out of 2 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 -15.28% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the MVIS stock price touched $28.00- or saw a rise of 45.54%. Year-to-date, MicroVision Inc. shares have moved 183.46%, while the 5-day performance has seen it change -15.14%. Over the past 30 days, the shares of MicroVision Inc. (NASDAQ:MVIS) have changed 23.88%. Short interest in the company has seen 31.42 Million shares shorted with days to cover at 2.05.
Wall Street analysts have a consensus price target for the stock at $0.25, which means that the shares’ value could jump -98.36% 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 -98.36% off the targeted high while a plunge would see the stock lose -98.36% from current levels.
MicroVision Inc. (MVIS) estimates and forecasts
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 +20.8% over the past 5 years. Earnings growth for 2021 is a modest +59% while over the next 5 years, the company’s earnings are expected to increase by 10%.
MicroVision Inc. (NASDAQ:MVIS)’s Major holders
Insiders own 1.07% of the company shares, while shares held by institutions stand at 15.05% with a share float percentage of 15.22%. Investors are also buoyed by the number of investors in a company, with MicroVision Inc. having a total of 124 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 6.61 Million shares worth more than $35.54 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 4.18% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 2.44 Million shares as of December 30, 2020. The firm’s total holdings are worth over $13.12 Million and represent 1.54% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of December 30, 2020, the former fund manager holds about 2.62% shares in the company for having 4134096 shares of worth $22.24 Million while later fund manager owns 2.16 Million shares of worth $11.61 Million as of December 30, 2020, which makes it owner of about 1.37% of company’s outstanding stock.