Less Than Hour Before The NASDAQ Open, MicroVision Is Up By 4%

(VIANEWS) – The NASDAQ opens in less than hour and MicroVision‘s pre-market value is already 4.95% up.

MicroVision’s last close was $1.82, 69.46% below its 52-week high of $5.96.

The last session, NASDAQ finished with MicroVision (MVIS) dropping 7.14% to $1.82. NASDAQ slid 1.98% to $11,799.16, after two sequential sessions in a row of losses, on what was an all-around bearish trend exchanging session.

About MicroVision

MicroVision, Inc. develops and sells lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems (MEMS), laser diodes, opto-mechanics, electronics, algorithms, and software. The company also develops micro-display concepts and designs for head-mounted augmented reality (AR) headsets, as well as 1440i MEMS module supporting AR headsets; interactive display solutions for the smart speakers market; and Consumer Lidar used in smart home systems. In addition, it develops 1st Generation LRL module. The company sells its products primarily to original equipment manufacturers and original design manufacturers. MicroVision, Inc. was founded in 1993 and is headquartered in Redmond, Washington.

Earnings Per Share

As for profitability, MicroVision has a trailing twelve months EPS of $-0.32.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -52.44%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

MicroVision’s EBITDA is -22.97.

Volume

Today’s last reported volume for MicroVision is 2404481 which is 1.5% above its average volume of 2237840.

Moving Average

MicroVision’s worth is way below its 50-day moving average of $2.41 and way below its 200-day moving average of $3.37.

Revenue Growth

Year-on-year quarterly revenue growth declined by 100%, now sitting on 664k for the twelve trailing months.

More news about MicroVision (MVIS).

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