Microvision (NASDAQ:MVIS) Getting Somewhat Favorable Media Coverage, Report Finds

Media coverage about Microvision (NASDAQ:MVIS) has been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Microvision earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the electronics maker an impact score of 46.052041307114 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Several research analysts have weighed in on the company. Zacks Investment Research lowered Microvision from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. HC Wainwright reiterated a “buy” rating and set a $3.50 target price on shares of Microvision in a report on Thursday, September 14th. ValuEngine lowered Microvision from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. Finally, S&P Equity Research boosted their price target on Microvision from $1.75 to $2.22 in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating and three have given a buy rating to the stock. Microvision currently has an average rating of “Hold” and an average target price of $3.34.

Shares of Microvision (NASDAQ:MVIS) traded down $0.03 during trading on Tuesday, hitting $1.50. The stock had a trading volume of 335,471 shares, compared to its average volume of 821,526. Microvision has a 12 month low of $1.01 and a 12 month high of $3.25.

Microvision (NASDAQ:MVIS) last issued its quarterly earnings results on Thursday, November 2nd. The electronics maker reported ($0.07) EPS for the quarter, meeting analysts’ consensus estimates of ($0.07). The company had revenue of $6.09 million for the quarter, compared to analyst estimates of $5.24 million. Microvision had a negative return on equity of 335.81% and a negative net margin of 193.59%. The company’s quarterly revenue was up 52.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.08) earnings per share. sell-side analysts anticipate that Microvision will post -0.3 EPS for the current year.

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About Microvision

Microvision, Inc is a developer of laser beam scanning (LBS) technology. The Company markets its technology under the brand name, PicoP. It has developed PicoP scanning technology that can be adopted by its customers to create high-resolution miniature projection, and three-dimensional sensing and image capture solutions that use laser diodes as the light source.

Insider Buying and Selling by Quarter for Microvision (NASDAQ:MVIS)

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