(VIANEWS) – Shares of MicroVision (NASDAQ: MVIS) rose 9.17% to $2.49 at 14:46 EST on Wednesday, following the last session’s upward trend. NASDAQ is jumping 1.36% to $11,875.99, after two sequential sessions in a row of losses. This seems, so far, an all-around up trend exchanging session today.
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.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, MicroVision’s stock is considered to be oversold (<=20).
Volatility
MicroVision’s last week, last month’s, and last quarter’s current intraday variation average was a positive 3.05%, a negative 0.34%, and a positive 3.91%.
MicroVision’s highest amplitude of average volatility was 3.94% (last week), 3.73% (last month), and 3.91% (last quarter).
Sales Growth
MicroVision’s sales growth is negative 10.2% for the ongoing quarter and 14.3% for the next.
Volume
Today’s last reported volume for MicroVision is 1863691 which is 14.6% below its average volume of 2182320.
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