MicroVision Stock Bearish By 29% In The Last 21 Sessions

(VIANEWS) – Shares of MicroVision (NASDAQ: MVIS) dropped by a staggering 29.15% in 21 sessions from $6.14 at 2023-06-12, to $4.35 at 14:52 EST on Thursday, after two sequential sessions in a row of gains. NASDAQ is jumping 1.41% to $14,114.92, after three consecutive sessions in a row of gains.

MicroVision’s last close was $4.45, 45.73% below its 52-week high of $8.20.

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 $-0.35.

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 -62.05%.

Volatility

MicroVision’s last week, last month’s, and last quarter’s current intraday variation average was a positive 3.00%, a negative 2.15%, and a positive 6.48%.

MicroVision’s highest amplitude of average volatility was 3.13% (last week), 7.12% (last month), and 6.48% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 123.4%, now sitting on 1.1M for the twelve trailing months.

Sales Growth

MicroVision’s sales growth for the current quarter is 154.8%.

Volume

Today’s last reported volume for MicroVision is 3085421 which is 51.93% below its average volume of 6060460.

More news about MicroVision (MVIS).

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