Microvision Inc. (NASDAQ:MVIS) has a beta value of 3.04 and has seen 1.26 million shares traded in the last trading session. The company, currently valued at $298.76M, closed the last trade at $1.53 per share which meant it gained $0.03 on the day or 2.00% during that session. The MVIS stock price is -435.95% off its 52-week high price of $8.20 and 12.42% above the 52-week low of $1.34. The 3-month trading volume is 2.30 million shares.
Microvision Inc. (NASDAQ:MVIS) trade information
Sporting 2.00% in the green in last session, the stock has traded in the green over the last five days, when the MVIS stock price touched $1.53 or saw a rise of 1.92%. Year-to-date, Microvision Inc. shares have moved -42.48%, while the 5-day performance has seen it change 9.29%. Over the past 30 days, the shares of Microvision Inc. (NASDAQ:MVIS) have changed -16.85%.
Microvision Inc. (MVIS) estimates and forecasts
Figures show that Microvision Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -23.12% over the past 6 months, with this year growth rate of -8.89%, compared to 5.20% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 0.00% and -33.30% for the next quarter. Revenue growth from the last financial year stood is estimated to be 26.70%.
2 analysts offering their estimates for the company have set an average revenue estimate of $750k for the current quarter. 2 have an estimated revenue figure of $1.6 million for the next quarter concluding in Jun 2024. Year-ago sales stood $200k and $800k respectively for this quarter and the next, and analysts expect sales will grow by 275.00% for the current quarter and 100.00% for the next.
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 -13.75% over the past 5 years. Earnings growth for 2024 is a modest -14.44% while over the next 5 years, the company’s earnings are expected to increase by 10.00%.
MVIS Dividends
Microvision Inc. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
