On September 27, 2024, at 3:09 PM EST, Microvision Inc. (MVIS, Financial) experienced a stock price drop of 5.00%. At the time of reporting, the stock price was $1.14 per share with a trading volume of 787,824 shares, marking a turnover rate of 0.37% and a price fluctuation amplitude of 7.50%.
According to recent financial reports, Microvision Inc. (MVIS, Financial) posted a revenue of $1.90 million, a net loss of $23.93 million, an earnings per share (EPS) of -$0.11, and a gross profit of -$1.42 million. The price-to-earnings (P/E) ratio stands at -2.42.
Among the institutions that rated the stock, 100% recommended holding, with no buy or sell recommendations.
The Technology Instruments sector, where MVIS belongs, saw an overall decline of 3.15%. Within this sector, Saverone 2014 Ltd C/Wts 02/06/2027 (To Pur Ads), Know Labs, Inc., and Michanham Leasing posted significant gains. Other active stocks included Saverone 2014 Ltd, Blacksky Technology Inc., and Sobr Safe, Inc., with turnover rates of 25.33%, 3.22%, and 1.45% respectively. The most volatile stocks were Saverone 2014 Ltd C/Wts 02/06/2027 (To Pur Ads), Cepton Inc C/Wts 01/06/2027 (To Pur Com), and Know Labs, Inc., with fluctuations of 109.14%, 19.47%, and 15.77% respectively.
Microvision Inc. (MVIS, Financial) specializes in developing laser radar (LiDAR) sensors for automotive safety and autonomous driving applications. Their LiDAR technology leverages laser beam scanning (LBS), incorporating systems like Micro-Electro-Mechanical Systems (MEMS), laser diodes, optics, mechanics, electronics, algorithms, and software. The company also focuses on solutions for augmented reality, interactive displays, and consumer LiDAR technologies.
