MicroVision’s (MVIS) Buy Rating Reiterated at D. Boral Capital

D. Boral Capital reaffirmed their buy rating on shares of MicroVision (NASDAQ:MVIS) in a report issued on Tuesday,Benzinga reports. They currently have a $3.00 price objective on the electronics maker’s stock.

MVIS has been the subject of several other research reports. Westpark Capital reiterated a “buy” rating and issued a $2.00 price objective on shares of MicroVision in a research report on Tuesday. StockNews.com raised shares of MicroVision to a “sell” rating in a research note on Monday, March 10th.

MicroVision Trading Down 6.2 %

NASDAQ MVIS opened at $1.52 on Tuesday. The firm has a market cap of $332.91 million, a PE ratio of -3.71 and a beta of 2.63. MicroVision has a 1-year low of $0.80 and a 1-year high of $1.95. The stock has a 50-day moving average of $1.41 and a 200-day moving average of $1.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Intech Investment Management LLC bought a new stake in shares of MicroVision in the 3rd quarter worth approximately $56,000. Charles Schwab Investment Management Inc. lifted its stake in MicroVision by 4.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,697,587 shares of the electronics maker’s stock worth $1,935,000 after acquiring an additional 65,712 shares during the period. State Street Corp boosted its holdings in MicroVision by 0.7% in the third quarter. State Street Corp now owns 5,095,629 shares of the electronics maker’s stock valued at $5,809,000 after acquiring an additional 37,126 shares in the last quarter. XTX Topco Ltd increased its position in MicroVision by 319.0% during the 3rd quarter. XTX Topco Ltd now owns 125,579 shares of the electronics maker’s stock valued at $143,000 after purchasing an additional 95,605 shares during the period. Finally, Barclays PLC raised its holdings in MicroVision by 302.0% in the 3rd quarter. Barclays PLC now owns 282,690 shares of the electronics maker’s stock worth $322,000 after purchasing an additional 212,365 shares in the last quarter. Institutional investors own 30.90% of the company’s stock.

MicroVision Company Profile

MicroVision, Inc develops and sells lidar sensors and software used in automotive safety and autonomous driving applications. It offers a suite of light detection and ranging (lidar) sensors and perception; and validation software for automotive OEMs, advanced driver-assistance systems, and autonomous vehicle applications, as well as non-automotive applications including industrial, robotics, and smart infrastructure.