MicroVision (MVIS) Projected to Post Earnings on Wednesday

MicroVision (NASDAQ:MVIS) is expected to be announcing its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $3.25 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

MicroVision Trading Up 9.5 %

MVIS opened at $1.62 on Tuesday. The stock has a fifty day moving average price of $1.41 and a 200 day moving average price of $1.20. MicroVision has a 1 year low of $0.80 and a 1 year high of $1.95. The stock has a market cap of $354.81 million, a price-to-earnings ratio of -3.95 and a beta of 2.63.

Wall Street Analysts Forecast Growth

MVIS has been the subject of several research reports. D. Boral Capital began coverage on MicroVision in a report on Monday, February 10th. They set a “buy” rating and a $3.00 price target for the company. Westpark Capital boosted their target price on shares of MicroVision from $1.30 to $2.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Finally, StockNews.com upgraded shares of MicroVision to a “sell” rating in a research note on Monday, March 10th.

MicroVision Company Profile

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.