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MicroVision Stock Bullish Momentum With A 28% Rise In The Last 21 Sessions

(VIANEWS) – Shares of MicroVision (NASDAQ: MVIS) rose by a staggering 28.64% in 21 sessions from $2.2 at 2023-04-17, to $2.83 at 12:39 EST on Tuesday, after two successive sessions in a row of gains. NASDAQ is jumping 0.28% to $12,399.44, following the last session’s upward trend.

MicroVision’s last close was $2.83, 52.52% below its 52-week high of $5.96.

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 $-0.34.

Sales Growth

MicroVision’s sales growth for the current quarter is 218.5%.

Volume

Today’s last reported volume for MicroVision is 2595877 which is 23.47% above its average volume of 2059020.

Moving Average

MicroVision’s worth is way above its 50-day moving average of $2.25 and way below its 200-day moving average of $3.16.

More news about MicroVision (MVIS).

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