MicroVision (NASDAQ:MVIS - Get Free Report) posted its earnings results on Thursday. The electronics maker reported ($0.13) earnings per share (EPS) for the quarter, Zacks reports. MicroVision had a negative return on equity of 84.29% and a negative net margin of 1,141.23%. The firm had revenue of $0.96 million for the quarter. During the same quarter last year, the firm posted ($0.11) earnings per share.
MicroVision Stock Performance
MVIS stock traded down $0.40 during midday trading on Friday, hitting $1.22. 6,908,518 shares of the stock were exchanged, compared to its average volume of 1,481,907. The stock's 50-day moving average price is $1.73 and its 200-day moving average price is $2.15. The stock has a market cap of $250.36 million, a price-to-earnings ratio of -2.70 and a beta of 3.06. MicroVision has a fifty-two week low of $1.15 and a fifty-two week high of $8.20.
Analyst Upgrades and Downgrades
Separately, Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $3.00 price target on shares of MicroVision in a research report on Friday, March 1st.
Read Our Latest Stock Analysis on MVIS
MicroVision Company Profile
(
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MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.
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