Microvision Inc (NASDAQ: MVIS)’s stock price has gone rise by 18.03 in comparison to its previous close of 1.22, however, the company has experienced a 13.39% increase in its stock price over the last five trading days. accesswire.com reported 2024-12-19 that REDMOND, WA / ACCESSWIRE / December 19, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has increased production capacity for its MOVIA L sensor to meet anticipated demand from the industrial sector. Building on the relationship with its existing automotive Tier 1 manufacturing partner, MicroVision expects output of MOVIA L sensors for 2025 to significantly increase compared to 2024.
Is It Worth Investing in Microvision Inc (NASDAQ: MVIS) Right Now?
The stock has a 36-month beta value of 2.85. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MVIS is 216.45M, and at present, short sellers hold a 26.45% of that float. On January 20, 2025, the average trading volume of MVIS was 4.81M shares.
MVIS’s Market Performance
The stock of Microvision Inc (MVIS) has seen a 13.39% increase in the past week, with a 73.79% rise in the past month, and a 27.43% gain in the past quarter. The volatility ratio for the week is 10.40%, and the volatility levels for the past 30 days are at 16.57% for MVIS. The simple moving average for the last 20 days is 13.57% for MVIS’s stock, with a simple moving average of 26.57% for the last 200 days.
Analysts’ Opinion of MVIS
Many brokerage firms have already submitted their reports for MVIS stocks, with Cantor Fitzgerald repeating the rating for MVIS by listing it as a “Neutral.” The predicted price for MVIS in the upcoming period, according to Cantor Fitzgerald is $5 based on the research report published on March 07, 2022 of the previous year 2022.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see MVIS reach a price target of $4.50. The rating they have provided for MVIS stocks is “Buy” according to the report published on January 26th, 2017.
Rodman & Renshaw gave a rating of “Buy” to MVIS, setting the target price at $3.50 in the report published on December 17th of the previous year.
MVIS Trading at 35.52% from the 50-Day Moving Average
After a stumble in the market that brought MVIS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.67% of loss for the given period.
Volatility was left at 16.57%, however, over the last 30 days, the volatility rate increased by 10.40%, as shares surge +77.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.00% upper at present.
During the last 5 trading sessions, MVIS rose by +13.39%, which changed the moving average for the period of 200-days by -14.79% in comparison to the 20-day moving average, which settled at $1.2679. In addition, Microvision Inc saw 9.92% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MVIS
Current profitability levels for the company are sitting at:
- -10.3 for the present operating margin
- -0.16 for the gross margin
The net margin for Microvision Inc stands at -10.49. The total capital return value is set at -1.08. Equity return is now at value -103.99, with -76.16 for asset returns.
Based on Microvision Inc (MVIS), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -5.2. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is -42.32.
Currently, EBITDA for the company is -81.05 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 38.38. The receivables turnover for the company is 35.12for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.00.
Conclusion
To sum up, Microvision Inc (MVIS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
