(VIANEWS) – Shares of MicroVision (NASDAQ: MVIS) slid by a staggering 27.8% in 21 sessions from $3.12 at 2023-02-06, to $2.25 at 15:00 EST on Wednesday, after two successive sessions in a row of losses. NASDAQ is falling 0.01% to $11,529.48, after two successive sessions in a row of losses.
MicroVision’s last close was $2.24, 62.42% under its 52-week high of $5.96.
About MicroVision
MicroVision, Inc. develops lidar sensors used in automotive safety and autonomous driving applications. Its laser beam scanning technology is based on micro-electrical mechanical systems, 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 that can support AR headsets; Interactive Display modules used in smart speakers and other devices; and Consumer Lidar used in smart home systems. In addition, it provides PicoP, a scanning technology that creates full color, high-contrast, and uniform image over the entire field-of-view from a small and thin module. Further, the company develops 1st generation long range lidar. 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 $-0.102.
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 -50.24%.
Yearly Top and Bottom Value
MicroVision’s stock is valued at $2.25 at 15:00 EST, way under its 52-week high of $5.96 and above its 52-week low of $2.11.
Moving Average
MicroVision’s value is way under its 50-day moving average of $2.60 and way below its 200-day moving average of $3.62.
More news about MicroVision (MVIS).
