Media coverage about Microvision (NASDAQ:MVIS) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Microvision earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news stories about the electronics maker an impact score of 45.9068849317887 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

A number of equities research analysts have recently issued reports on MVIS shares. S&P Equity Research upped their target price on shares of Microvision from $1.75 to $2.22 in a report on Thursday, November 2nd. HC Wainwright set a $4.00 target price on shares of Microvision and gave the company a “buy” rating in a report on Thursday, November 16th. Zacks Investment Research raised shares of Microvision from a “hold” rating to a “buy” rating and set a $3.00 target price on the stock in a report on Tuesday, October 10th. Finally, ValuEngine cut shares of Microvision from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $3.34.

Shares of Microvision (MVIS) opened at $1.68 on Wednesday. Microvision has a fifty-two week low of $1.09 and a fifty-two week high of $3.25.

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